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Personal versus societal preferences in contingent valuation assessments

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dc.contributor.author Howley, Peter en
dc.contributor.author Hynes, Stephen en
dc.contributor.author O'Donoghue, Cathal en
dc.date.accessioned 2011-05-26T14:36:48Z en
dc.date.available 2011-05-26T14:36:48Z en
dc.date.issued 2010-12 en
dc.identifier.citation Howley, P., Hynes, S., & O'Donoghue, C. (2010). Personal versus societal preferences in contingent valuation assessments (Economics Working Paper no. 167): Department of Economics, National University of Ireland, Galway. en
dc.identifier.uri http://hdl.handle.net/10379/1938 en
dc.description.abstract Contingent valuation has been used extensively in estimating the value of environmental goods. One criticism of this approach, however, is that respondents in referendum-style contingent valuation surveys may express citizen assessments that take into account benefits to others rather than benefits that accrue purely to the respondent themselves. Within this context, the aim of this paper is to examine to what extent individuals express different preferences when adopting a personal or a social/citizen perspective. While this paper provides some support for the hypothesis that individuals express different preferences when adopting collective as opposed to personal choices, reported willingness to pay (WTP) was found to be insensitive to whether or not the respondents were asked the WTP question from a personal or social perspective. en
dc.format application/pdf en
dc.language.iso en en
dc.publisher National University of Ireland, Galway en
dc.relation.ispartofseries Economics Working Papers;167 en
dc.subject Economics en
dc.subject Contingent valuation en
dc.subject Preferences en
dc.title Personal versus societal preferences in contingent valuation assessments en
dc.type Working Paper en
dc.description.peer-reviewed peer-reviewed en

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