The influence of decision-making rules on individual preference for ecological restoration: Evidence from an experimental survey
We conduct an experimental survey to analyze how rules for collective decision-making influence individual preferences concerning nature restoration projects. Our study compares two decision-making rules - a consensus rule and a majority rule - wherein participants decide on a plan concerning 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.
|Date of creation:||Oct 2008|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.econ.kobe-u.ac.jp|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Vatn Arild & Bromley Daniel W., 1994. "Choices without Prices without Apologies," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 129-148, March.
- Wendy Kenyon & Nick Hanley & Ceara Nevin, 2001.
"Citizens' Juries: An Aid to Environmental Valuation?,"
Environment and Planning C,
, vol. 19(4), pages 557-566, August.
- Wendy Kenyon & Nick Hanley & Ceara Nevin, 2001. "Citizens' juries: an aid to environmental valuation?," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 19(4), pages 557-566, August.
- Kevin C. Urama & Ian Hodge, 2006. "Participatory Environmental Education and Willingness to Pay for River Basin Management: Empirical Evidence from Nigeria," Land Economics, University of Wisconsin Press, vol. 82(4), pages 542-561.
- Russell, Clifford S. & Bjorner, Thomas Bue & Clark, Christopher D., 2003.
"Searching for evidence of alternative preferences, public as opposed to private,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 51(1), pages 1-27, May.
- Clifford S. Russell & Thomas Bue Bjorner & Christopher D. Clark, 2001. "Searching for Evidence of Alternative Preferences, Public as Opposed to Private," Vanderbilt University Department of Economics Working Papers 0101, Vanderbilt University Department of Economics.
- Macmillan, Douglas C. & Philip, Lorna & Hanley, Nick & Alvarez-Farizo, Begona, 2002. "Valuing the non-market benefits of wild goose conservation: a comparison of interview and group based approaches," Ecological Economics, Elsevier, vol. 43(1), pages 49-59, November.
- Richard B. Howarth & Matthew A. Wilson, 2006. "A Theoretical Approach to Deliberative Valuation: Aggregation by Mutual Consent," Land Economics, University of Wisconsin Press, vol. 82(1), pages 1-16.
- Arild Vatn, 2004. "Environmental Valuation and Rationality," Land Economics, University of Wisconsin Press, vol. 80(1), pages 1-18.
- Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, June.
- Alvarez-Farizo, Begona & Hanley, Nick & Barberan, Ramon & Lazaro, Angelina, 2007. "Choice modeling at the "market stall": Individual versus collective interest in environmental valuation," Ecological Economics, Elsevier, vol. 60(4), pages 743-751, February.
- Guttman, Joel M., 1998. "Unanimity and majority rule: the calculus of consent reconsidered," European Journal of Political Economy, Elsevier, vol. 14(2), pages 189-207, May.
- Begoña Álvarez-Farizo & Nick Hanley, 2006. "Improving the Process of Valuing Non-Market Benefits: Combining Citizens’ Juries with Choice Modelling," Land Economics, University of Wisconsin Press, vol. 82(3), pages 465-478.
- Ken Binmore, 1998. "Game Theory and the Social Contract - Vol. 2: Just Playing," MIT Press Books, The MIT Press, edition 1, volume 2, number 0262024446.
- O'Hara, Sabine U., 1996. "Discursive ethics in ecosystems valuation and environmental policy," Ecological Economics, Elsevier, vol. 16(2), pages 95-107, February.
- Clive L. Spash, 2008. "Deliberative Monetary Valuation and the Evidence for a New Value Theory," Land Economics, University of Wisconsin Press, vol. 84(3), pages 469-488.
- Sagoff, M., 1998. "Aggregation and deliberation in valuing environmental public goods:: A look beyond contingent pricing," Ecological Economics, Elsevier, vol. 24(2-3), pages 213-230, February.
- Davis, Jennifer & Whittington, Dale, 1998. ""Participatory" Research for Development Projects: A Comparison of the Community Meeting and Household Survey Techniques," Economic Development and Cultural Change, University of Chicago Press, vol. 47(1), pages 73-94, October.
When requesting a correction, please mention this item's handle: RePEc:koe:wpaper:0820. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Econ Kobe SysAdmin)
If references are entirely missing, you can add them using this form.