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

Author Info

Listed author(s):
  • Nobuyuki Ito

    (Graduate School of Economics, Kobe University)

  • Kenji Takeuchi

    ()

    (Graduate School of Economics, Kobe University)

  • Koichi Kuriyama

    (School of Political Science and Economics, Waseda University)

  • Yasushi Shoji

    (Graduate School of Agriculture, Hokkaido University)

  • Takahiro Tsuge

    (Faculty of Economics, Konan University)

  • Yohei Mitani

    (School of Political Science and Economics, Waseda University)

Abstract

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.

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File URL: http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2008/0820.pdf
File Function: First version, 2008
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Paper provided by Graduate School of Economics, Kobe University in its series Discussion Papers with number 0820.

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Length: 12 pages
Date of creation: Oct 2008
Handle: RePEc:koe:wpaper:0820
Contact details of provider: Web page: http://www.econ.kobe-u.ac.jp
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Cited by:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

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