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
Link To Document :
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