• Title of article

    Do causes of environmental problems affect Hicksian equivalent surplus? Evidence from the field

  • Author/Authors

    Erwin H. Bulte، نويسنده , , Shelby Gerking، نويسنده , , John A. List، نويسنده , , Aart de Zeeuw، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    6
  • From page
    157
  • To page
    162
  • Abstract
    Measuring preferences via stated methods remains the only technique to obtain the total economic value of a non-marketed good or service. This study examines if alternative causes of an environmental problem affect individual statements of compensation demanded. Making use of a unique sample drawn from the Netherlands, we find that Hicksian equivalent surplus (ES) is not significantly affected by causes of environmental harm. While our finding that agents only care about outcomes, rather than causes, is consonant with standard applications of utility theory, it is at odds with some recent experimental findings measuring the effects of cause on Hicksian compensating surplus (CS).
  • Keywords
    Field experiment , non-market valuation
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435528