Identifying the warm glow effect in contingent valuation

Nunes, Paulo A.L.D.; Schokkaert, Erik

doi:10.1016/s0095-0696(02)00051-7

Cited by 195 publications

(114 citation statements)

References 8 publications

Supporting

Mentioning

103

Contrasting

Unclassified

Order By: Relevance

“…Preferences for aquatic invasive plant management heterogeneity in econometric models for stated preference surveys (Nunes and Schokkaert 2003). We followed standard principal component procedures (Kaiser 1958, Stevens 1986) using STATA 9.0 and conducted Varimax rotations to achieve score variables that allow simpler, easier to interpret model structures where each score variable was dominated by one demographic variable.…”

Section: Park Choice Model Parameter Estimatesmentioning

confidence: 99%

Public preferences and values for management of aquatic invasive plants in state parks

Adams

Bucaram

Lee³

et al. 2010

Lake and Reservoir Management

View full text Add to dashboard Cite

Section: Park Choice Model Parameter Estimatesmentioning

confidence: 99%

Public preferences and values for management of aquatic invasive plants in state parks

Adams

Bucaram

Lee³

et al. 2010

Lake and Reservoir Management

View full text Add to dashboard Cite

“…Considering that these two classes make up 93% of the population, it appears to be the case here that as usual, much of interpersonal taste heterogeneity cannot be explained with reference to observed individual characteristics. In a contingent valuation study, Nunes and Schokkaert (2003) find that variables measuring attitudes towards donation and specific environmental issues explain interpersonal variations in the WTP, even when most of usual observed characteristics do not. Such attitudinal information, however, is not available in our data.…”

Section: Preference Segments and Individual Characteristicsmentioning

confidence: 97%

A Latent Class Nested Logit Model for Rank-Ordered Data with Application to Cork Oak Reforestation

Oviedo

Yoo

2016

Environ Resource Econ

View full text Add to dashboard Cite

“…The rationale behind this group of questions was twofold. First, it aimed to profile and understand the ideological positioning of the respondents (see Nunes and Shokkaert 2003). Second, it aimed to deal with the contradictory behaviour that is usually identified in respondents of CV surveys (see Onofri et al 2010).…”

Section: Dataset Formationmentioning

confidence: 99%

“…The reason behind the research choice and the empirical strategy was twofold. First, we wanted to tackle an understudied problem in the literature (see Nunes and Shokkaert 2003) and to assess how and (how much) ideological issues affect the formation of reservation prices in non-market goods settings, where the monetary value of preferences is (with many methodological and theoretical caveats) stated and not revealed by consumption choices as in the marketplace. Second, we wanted to add an original piece of research by using an empirical modelling strategy unlike that of other studies (see Olesen et al 2010, Loureiro and Umberger 2003, Brecard et al 2009, among the others), in which WTP is mostly modelled and estimated using linear models and/or as univariate/multivariate probabilistic specifications.…”

Section: Empirical Strategymentioning

confidence: 99%

On the economic nature of consumers’ willingness to pay for a selective and sustainable fishery: A comparative empirical study

Onofri

Accadia²,

Úbeda

et al. 2018

Sci. Mar.

View full text Add to dashboard Cite

Summary:The EU Landing Obligation (LO) bans discards to incentivize a more selective and sustainable fishery. This regulation may induce a cost to the fishing industry that could be transferred to final fish consumers. We aim to assess the consumers' reservation price for a sustainable and selective fishery. The methodology follows two steps: We first assess the value of the reservation price (willingness to pay, WTP) for a sustainable and selective fishery by using contingent valuation methods from a comparative perspective in Spain and Italy. We then attempt to empirically assess the components of WTP by using an original model specification that, unlike those presented in the literature, exogenizes socio-economic variables and uses ideological indicators to explain WTP in a two-line simultaneous model estimated by instrumental variable regression. The results show a positive, though low, WTP across the two samples, and very different impacts of estimated coefficients on the WTP for the two samples. A preliminary interpretation of this divergence highlights that Italian consumers consider LOincentivized sustainable fishery a pure public good linked to issues of legality, and Spanish consumers consider it an impure public good linked to environmental issues. These differences may indicate how strongly the institutions and the policies in each region are perceived by a different human capital structure. They may also indicate that the problem, the perceptions of it and the solutions to it differ according to the context. Keywords: willingness to pay; landing obligation; discards; instrumental variable regression, contingent valuation, sustainable fishery. Naturaleza económica de la disposición a pagar de los consumidores por una pesca más selectiva y sostenible: un estudio comparativo empírico Resumen: La obligación de desembarque de la Unión Europea (LO) prohíbe los descartes para incentivar una pesquería más selectiva y sostenible. Esta regulación puede inducir costes a la industria pesquera que a su vez pueden ser transferidos al consumidor final. Nuestro objetivo es evaluar el precio de reserva del consumidor para una pesquería más sostenible y selectiva. La metodología se basa en dos fases: primero, evaluamos el precio de reserva (disposición a pagar, WTP) para una pesquería sostenible y selectiva mediante métodos de valoración contingente (CV) en un estudio comparativo entre España e Italia. En una segunda fase intentamos estimar empíricamente los componentes de esta WTP mediante la especificación original de un modelo que, a diferencia de la literatura existente, exogeniza las variables socioeconómicas y usa indicadores ideológicos para explicar la WTP, en una regresión bi-funcional con variables instrumentales (IV). Los resultados muestran una WTP positiva, aunque reducida, en ambas muestras, y permiten deducir un impacto distinto de los coeficientes estimados en la WTP. La interpretación preliminar de esta divergencia hace destacar que los consumidores italianos consideran como un bien público puro a un...

show abstract

Identifying the warm glow effect in contingent valuation

Cited by 195 publications

References 8 publications

Public preferences and values for management of aquatic invasive plants in state parks

Public preferences and values for management of aquatic invasive plants in state parks

A Latent Class Nested Logit Model for Rank-Ordered Data with Application to Cork Oak Reforestation

On the economic nature of consumers’ willingness to pay for a selective and sustainable fishery: A comparative empirical study

Contact Info

Product

Resources

About