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The influence of decision-making rules on individual preferences for ecological restoration: Evidence from an experimental survey

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  • Ito, Nobuyuki
  • Takeuchi, Kenji
  • Kuriyama, Koichi
  • Shoji, Yasushi
  • Tsuge, Takahiro
  • Mitani, Yohei

Abstract

We conduct an experimental survey to analyze how rules for collective decision-making influence individual preferences regarding nature restoration plans. Our study compares two decision-making rules--a consensus rule and a majority rule--wherein participants decide on a plan regarding nature restoration in the Kushiro Wetland, Japan. Our main finding is that the difference between the individual preferences and collective decision-making is less significant under the consensus rule than the majority rule. Furthermore, there is a larger disparity with regard to the marginal willingness to pay between collective and individual decisions when participants are unsatisfied with the results of collective choice.

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  • Ito, Nobuyuki & Takeuchi, Kenji & Kuriyama, Koichi & Shoji, Yasushi & Tsuge, Takahiro & Mitani, Yohei, 2009. "The influence of decision-making rules on individual preferences for ecological restoration: Evidence from an experimental survey," Ecological Economics, Elsevier, vol. 68(8-9), pages 2426-2431, June.
    • Handle: RePEc:eee:ecolec:v:68:y:2009:i:8-9:p:2426-2431
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    1. Lo, Alex Y. & Spash, Clive L., 2011. "Articulation of Plural Values in Deliberative Monetary Valuation: Beyond Preference Economisation and Moralisation," MPRA Paper 30002, University Library of Munich, Germany.
    2. Demont, Matty & Zossou, Esperance & Van Mele, Paul, 2015. "Experimental Auctions with Exogenous and Endogenous Information Treatment: Willingness to Pay for Improved Parboiled Rice in Benin," 2015 Conference, August 9-14, 2015, Milan, Italy 229065, International Association of Agricultural Economists.
    3. Demals, Thierry & Hyard, Alexandra, 2014. "Is Amartya Sen's sustainable freedom a broader vision of sustainability?," Ecological Economics, Elsevier, vol. 102(C), pages 33-38.
    4. Akoa Etoa, Josephine Mireille & Ndindeng, Sali Atanga & Owusu, Eric Sarpong & Woin, Noe & Bindzi, Boniface & Demont, Matty, 2016. "Consumer valuation of an improved rice parboiling technology: Experimental evidence from Cameroon," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 11(1), March.
    5. Demont, Matty & Rutsaert, Pieter & Ndour, Maimouna & Verbeke, Wim & Seck, Papa Abdoulaye & Tollens, Eric, 2012. "Experimental auctions, collective induction and choice shift: Willingness-to-pay for rice quality in Senegal," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126861, International Association of Agricultural Economists.

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