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Environment, Well-Being, and Experienced Preference

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  • Heinz Welsch

    () (University of Oldenburg, Department of Economics)

  • Susana Ferreira

    () (University of Georiga)

Abstract

Recent years have seen a sharp increase in the use of subjective well-being data in environmental economics. This article discusses the conceptual underpinnings of using such data as a tool for preference elicitation and non-market valuation. Given the connection of those data to the notion of experienced utility, we refer to this approach as the experienced preference method and discuss recent methodological advances and applications of the approach to subject areas not previously reviewed. In addition, we discuss insights concerning environmental behavior that can be gained with the help of subjective well-being data.

Suggested Citation

  • Heinz Welsch & Susana Ferreira, 2014. "Environment, Well-Being, and Experienced Preference," Working Papers V-367-14, University of Oldenburg, Department of Economics, revised May 2014.
  • Handle: RePEc:old:dpaper:367
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    3. Erda Wang & Nannan Kang, 2019. "Does life satisfaction matter for pro-environmental behavior? Empirical evidence from China General Social Survey," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(1), pages 449-469, January.
    4. Lohmann, Paul & Pondorfer, Andreas & Rehdanz, Katrin, 2019. "Natural Hazards and Well-Being in a Small-Scale Island Society," Ecological Economics, Elsevier, vol. 159(C), pages 344-353.
    5. Welsch, Heinz & Biermann, Philipp, 2014. "Fukushima and the preference for nuclear power in Europe: Evidence from subjective well-being data," Ecological Economics, Elsevier, vol. 108(C), pages 171-179.
    6. Brown, Zachary S. & Oueslati, Walid & Silva, Jérôme, 2016. "Links between urban structure and life satisfaction in a cross-section of OECD metro areas," Ecological Economics, Elsevier, vol. 129(C), pages 112-121.
    7. Welsch, Heinz & Biermann, Philipp, 2014. "Electricity supply preferences in Europe: Evidence from subjective well-being data," Resource and Energy Economics, Elsevier, vol. 38(C), pages 38-60.
    8. Rodriguez-Alvarez, Ana & Orea, Luis & Jamasb, Tooraj, 2019. "Fuel poverty and Well-Being:A consumer theory and stochastic frontier approach," Energy Policy, Elsevier, vol. 131(C), pages 22-32.
    9. Charlotte von Möllendorff & Heinz Welsch, 2017. "Measuring Renewable Energy Externalities: Evidence from Subjective Well-being Data," Land Economics, University of Wisconsin Press, vol. 93(1), pages 109-126.
    10. Methorst, Joel & Rehdanz, Katrin & Mueller, Thomas & Hansjürgens, Bernd & Bonn, Aletta & Böhning-Gaese, Katrin, 2021. "The importance of species diversity for human well-being in Europe," Ecological Economics, Elsevier, vol. 181(C).
    11. Bertram, Christine & Rehdanz, Katrin, 2015. "The role of urban green space for human well-being," Ecological Economics, Elsevier, vol. 120(C), pages 139-152.
    12. Jones, Benjamin A., 2018. "Measuring externalities of energy efficiency investments using subjective well-being data: The case of LED streetlights," Resource and Energy Economics, Elsevier, vol. 52(C), pages 18-32.
    13. Tsurumi, Tetsuya & Imauji, Atsushi & Managi, Shunsuke, 2018. "Greenery and Subjective Well-being: Assessing the Monetary Value of Greenery by Type," Ecological Economics, Elsevier, vol. 148(C), pages 152-169.
    14. Sekulova, Filka & van den Bergh, Jeroen C.J.M., 2016. "Floods and happiness: Empirical evidence from Bulgaria," Ecological Economics, Elsevier, vol. 126(C), pages 51-57.
    15. Rehdanz, Katrin & Welsch, Heinz & Narita, Daiju & Okubo, Toshihiro, 2015. "Well-being effects of a major natural disaster: The case of Fukushima," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 500-517.
    16. Angela Faßhauer & Katrin Rehdanz, 2015. "Estimating Benefits from Regional Amenities: Internal Migration and Life Satisfaction," SOEPpapers on Multidisciplinary Panel Data Research 748, DIW Berlin, The German Socio-Economic Panel (SOEP).
    17. García-Mainar, Inmaculada & Montuenga, Víctor M. & Navarro-Paniagua, María, 2015. "Workplace environmental conditions and life satisfaction in Spain," Ecological Economics, Elsevier, vol. 119(C), pages 136-146.
    18. Gustavo Ahumada & Victor Iturra & Mauricio Sarrias, 2020. "We Do Not Have the Same Tastes! Evaluating Individual Heterogeneity in the Preferences for Amenities," Journal of Happiness Studies, Springer, vol. 21(1), pages 53-74, January.
    19. Yuan, Liang & Shin, Kongjoo & Managi, Shunsuke, 2018. "Subjective Well-being and Environmental Quality: The Impact of Air Pollution and Green Coverage in China," Ecological Economics, Elsevier, vol. 153(C), pages 124-138.
    20. Bertram, Christine & Goebel, Jan & Krekel, Christian & Rehdanz, Katrin, 2020. "Urban land use fragmentation and human wellbeing," Kiel Working Papers 2147, Kiel Institute for the World Economy (IfW).

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    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • D60 - Microeconomics - - Welfare Economics - - - General
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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