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Environment, Well-Being, and Experienced Preference

Heinz Welsch and Susana Ferreira

No V-367-14, Working Papers from University of Oldenburg, Department of Economics

Abstract: Recent years have seen a sharp increase in the use of subjective well-being data in environmental economics. This article discusses the conceptual underpinnings of using such data as a tool for preference elicitation and non-market valuation. Given the connection of those data to the notion of experienced utility, we refer to this approach as the experienced preference method and discuss recent methodological advances and applications of the approach to subject areas not previously reviewed. In addition, we discuss insights concerning environmental behavior that can be gained with the help of subjective well-being data.

Date: 2014-05, Revised 2014-05
New Economics Papers: this item is included in nep-env, nep-hap and nep-upt
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Citations: View citations in EconPapers (35)

Published in Oldenburg Working Papers V-367-14

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