Procedural invariance as a result of commitment costs: evidence from an economic experiment on farmers’ willingness to pay for digestate

Gioacchino Pappalardo, Roberta Selvaggi and Jayson Lusk

Applied Economics Letters, 2019, vol. 26, issue 15, 1243-1246

Abstract: We offer a conceptual explanation for some of the procedural invariance witnessed in experimental studies related to the concept of commitment costs, which is confirmed in a field experiment with Sicilian farmers valuing a renewable soil conditioner.

Date: 2019
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DOI: 10.1080/13504851.2018.1545070

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