Policy context as a factor of bias in the valuation of environmental goods – a dual-process theories perspective

Volume: 62, Issue: 5, Pages: 779 - 796
Published: Apr 16, 2019
Abstract
When ecosystem services value estimates are applied in the economic assessment of environmental policies, high accuracy of these estimates is required. One of the directions in the scientific discussion on biases in stated preference (SP) valuation surveys builds on dual-process theories of judgment. The paper contributes to this literature by presenting an experiment where two types of judgment were induced via separate versus joint valuation...
Paper Details
Title
Policy context as a factor of bias in the valuation of environmental goods – a dual-process theories perspective
Published Date
Apr 16, 2019
Volume
62
Issue
5
Pages
779 - 796
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