The influence of decision-making rules on individual preferences for ecological restoration: Evidence from an experimental survey

Nobuyuki Ito, Kenji Takeuchi (), Koichi Kuriyama, Yasushi Shoji, Takahiro Tsuge and Yohei Mitani

Ecological Economics, 2009, vol. 68, issue 8-9, pages 2426-2431

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.

Keywords: Participatory; approaches; Decision-making; rules; Stated; preference; Environmental; valuation; Ecological; restoration (search for similar items in EconPapers)
Date: 2009

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6VDY ... 4ba8236ccd7298dc1a1b
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The influence of decision-making rules on individual preference for ecological restoration: Evidence from an experimental survey (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolec:v:68:y:2009:i:8-9:p:2426-2431

Access Statistics for this article

Ecological Economics is edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Series data maintained by Heidi Boesdal ().