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dc.contributor.authorHanley, Nicken_NZ
dc.contributor.authorBoyce, Christopheren_NZ
dc.contributor.authorCzajkowski, Mikołajen_NZ
dc.contributor.authorTucker, Stevenen_NZ
dc.contributor.authorNoussair, Charlesen_NZ
dc.contributor.authorTownsend, Michaelen_NZ
dc.date.accessioned2018-07-17T04:40:51Z
dc.date.available2017en_NZ
dc.date.available2018-07-17T04:40:51Z
dc.date.issued2017en_NZ
dc.identifier.citationHanley, N., Boyce, C., Czajkowski, M., Tucker, S., Noussair, C., & Townsend, M. (2017). Sad or happy? The effects of emotions on stated preferences for environmental goods. Environmental and Resource Economics, 68(4), 821–846. https://doi.org/10.1007/s10640-016-0048-9en
dc.identifier.issn1573-1502en_NZ
dc.identifier.urihttps://hdl.handle.net/10289/11964
dc.description.abstractA substantial literature in behavioural science and psychology shows that emotions affect human choices and values. This paper investigates whether such emotional impacts are also present in stated choice experiments for environmental goods. If this were so, it would introduce an additional element of context dependence to the welfare measures derived from such methods, and would be at odds with the rational choice model underlying welfare economics. A laboratory experiment using three different emotion treatments was combined with a stated preference choice experiment concerned with changes in coastal water quality and fish populations in New Zealand. No statistically significant effects of changes in emotional state on estimated preference parameters, willingness to pay or the randomness of choices were found. The paper concludes by questioning, why such a contrast exists with empirical findings in behavioural science.
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherSpringer Verlag (Germany)en_NZ
dc.rights© The Author(s) 2016. This article is published with open access at Springerlink.com
dc.subjectChoice experiments
dc.subjectBehavioral economics
dc.subjectEnvironmental valuation
dc.subjectEmotions
dc.subjectCost-benefit analysis
dc.titleSad or happy? The effects of emotions on stated preferences for environmental goodsen_NZ
dc.typeJournal Article
dc.identifier.doi10.1007/s10640-016-0048-9en_NZ
dc.relation.isPartOfEnvironmental and Resource Economicsen_NZ
pubs.begin-page821
pubs.elements-id141297
pubs.end-page846
pubs.issue4en_NZ
pubs.publisher-urlhttp://link.springer.com/article/10.1007/s10640-016-0048-9en_NZ
pubs.volume68en_NZ


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