The Influence of Decision-making Rules on Individual Preferences for Ecological Restoration: Evidence from an Experimental Survey
Description
Abstract We conduct an experimental survey to analyze how rules for collective decision-making influence individual preferences regarding nature restoration plans. Our study compares two decision-making rules—a consensus rule and a majority rule—wherein participants decide on a plan regarding nature restoration in the Kushiro Wetland, Japan. Our main finding is that the difference between the individual preferences and collective decision-making is less significant under the consensus rule than the majority rule. Furthermore, there is a larger disparity with regard to the marginal willingness to pay between collective and individual decisions when participants are unsatisfied with the results of collective choice.
Journal
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- Ecological Economics
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Ecological Economics 68 (8-9), 2426-2431, 2009-06-15
Elsevier
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Details 詳細情報について
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- CRID
- 1050575520348199808
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- NII Article ID
- 120002905398
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- ISSN
- 18736106
- 09218009
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- HANDLE
- 20.500.14094/90001307
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- Text Lang
- en
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- Article Type
- journal article
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- Data Source
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- IRDB
- CiNii Articles
- KAKEN
- OpenAIRE