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Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation

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  • Nicolas Jacquemet
  • Alexander James
  • Stéphane Luchini
  • Jason Shogren

Abstract

The field of social psychology explores how a person behaves within the context of other people. The social context can play a substantive role in non-market allocation decisions given peoples choices and values extend beyond the classic market-based exchange institution. Herein we explore how social psychology has affected one aspect of environmental economics: preference elicitation through survey work. We discuss social representation, social isolation, framing through cheap talk, and commitment theory through an oath.
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  • Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason Shogren, 2011. "Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(3), pages 413-433, March.
    • Handle: RePEc:kap:enreec:v:48:y:2011:i:3:p:413-433
    DOI: 10.1007/s10640-010-9448-4
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    More about this item

    Keywords

    Social psychology; Commitment; Persuasive communication; Preference elicitation; C9; H4; Q5;
    All these keywords.

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • H4 - Public Economics - - Publicly Provided Goods
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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