SciELO - Scientific Electronic Library Online

 
vol.36 issue70Monopsonic condition of illegal markets: The case of coca cropsTax inefficiency in Argentine provinces: The turnover tax author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Journal

Article

Indicators

Related links

  • On index processCited by Google
  • Have no similar articlesSimilars in SciELO
  • On index processSimilars in Google

Share


Cuadernos de Economía

Print version ISSN 0121-4772

Abstract

VARGAS, Andrés  and  DIAZ, David. Going along with the crowd? The importance of group effects for environmental deliberative monetary valuation. Cuad. Econ. [online]. 2017, vol.36, n.70, pp.75-94. ISSN 0121-4772.  https://doi.org/10.15446/cuad.econ.v36n70.49923.

Deliberation is expected to enhance the validity and/or the democratic status of stated preference methods. Those objectives are challenged by the potential presence of group effects. Deference to the information publicly announced by others and social pressures to conformity hinder people's ability to express reflective and independent preferences. Through a split sample contingent valuation survey, we tested whether participating in group discussion affects willingness to pay (WTP). We also test for the presence of group effects. Participants in group discussion stated a higher WTP, and we did not find evidence of group effects. These results are favorable to the deliberative project.

JEL: Q50, Q51, Q57, D61, D63.

Keywords : Deliberative monetary valuation; social conformity; public participation; willingness to pay.

        · abstract in Spanish | French | Portuguese     · text in English     · English ( pdf )