Title

Do causes of environmental problems affect Hicksian equivalent surplus? Evidence from the field

Authors

Authors

E. H. Bulte; S. Gerking; J. A. List;A. de Zeeuw

Comments

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Abbreviated Journal Title

Econ. Lett.

Keywords

field experiment; non-market valuation; WILLINGNESS-TO-PAY; PUBLIC-GOODS; Economics

Abstract

Measuring preferences via stated methods remains the only technique to obtain the total economic value of a non-marketed good or service. This study examines if alternative causes of an environmental problem affect individual statements of compensation demanded. Making use of a unique sample drawn from the Netherlands, we find that Hicksian equivalent surplus (ES) is not significantly affected by causes of environmental harm. While our finding, that agents only care about outcomes, rather than causes, is consonant with standard applications of utility theory, it is at odds with some recent experimental findings measuring the effects of cause on Hicksian compensating surplus (CS). (C) 2004 Elsevier B.V. All rights reserved.

Journal Title

Economics Letters

Volume

85

Issue/Number

2

Publication Date

1-1-2004

Document Type

Article

Language

English

First Page

157

Last Page

162

WOS Identifier

WOS:000224339000003

ISSN

0165-1765

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