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
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