EconPapers    
Economics at your fingertips  
 

Framing Decisions in Uncertain Scenarios: An Analysis of Tourist Preferences in the Face of Global Warming

Angel Bujosa Bestard, Cati Torres and Antoni Riera

Ecological Economics, 2018, vol. 148, issue C, 36-42

Abstract: This paper presents the results of a choice experiment survey of tourists in Mallorca, Spain, to elicit preferences for designed policies aimed at addressing the attractiveness losses of the destination in the face of global warming. The study is novel in two main ways. First, it introduces the uncertainty deriving from the stochastic nature of global warming, not as a policy attribute but as an inherent feature of the valuation scenario. For this reason, the expected temperature change and its probability of occurrence were kept constant across alternatives but not across different choice tasks. Second, it measures the willingness-to-pay for a set of pro-environmental policies under different framings. Results show that the inclusion of uncertainty shapes individuals' decisions.

Keywords: Framing effects; Uncertainty; Choice experiment; Global warming; Tourism (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921800917315598
Full text for ScienceDirect subscribers only

Related works:
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: https://EconPapers.repec.org/RePEc:eee:ecolec:v:148:y:2018:i:c:p:36-42

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2018-09-08
Handle: RePEc:eee:ecolec:v:148:y:2018:i:c:p:36-42