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, 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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921-8009(09)00130-X
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: https://EconPapers.repec.org/RePEc:eee:ecolec:v:68:y:2009:i:8-9:p:2426-2431

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 Catherine Liu ().