The Dynamics of Preference Elicitation after an Environmental Disaster: Stability and Emotional Load

Leon, CJ; Arana Padilla, JE

The Dynamics of Preference Elicitation after an Environmental Disaster: Stability and Emotional Load

Leon, CJ Arana Padilla, JE

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Publisher:: Madison
Publication Type:: Journal Article
Citation:: Land Economics, 2012, 88 (2), pp. 362 - 381
Issue Date:: 2012-01

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Field	Value	Language
dc.contributor.author	Leon, CJ	en_US
dc.contributor.author	Arana Padilla, JE	en_US
dc.date.issued	2012-01	en_US
dc.identifier.citation	Land Economics, 2012, 88 (2), pp. 362 - 381	en_US
dc.identifier.issn	0023-7639	en_US
dc.identifier.uri	http://hdl.handle.net/10453/22639
dc.description.abstract	Nonmarket valuation is commonly applied to infer the preferences of individuals for restoration policies after an environmental disaster. A crucial issue in this task is to determine the appropriate lapse of time after which the valuation techniques should be applied. This study investigates the role of the emotional load in explaining the dynamic patterns of elicited preferences. The results show that preferences tend to stabilize when the emotional load is also stable. The main implication is that attitudinal investigation of emotions could provide satisfaction in formation for determining the time frame for implementing more costly nonmarket valuation studies.	en_US
dc.publisher	Madison	en_US
dc.relation.ispartof	Land Economics	en_US
dc.subject.classification	Agricultural Economics & Policy	en_US
dc.title	The Dynamics of Preference Elicitation after an Environmental Disaster: Stability and Emotional Load	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.citation.volume	88	en_US
utslib.for	1402 Applied Economics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.issue	2	en_US
pubs.volume	88	en_US

Abstract:

Nonmarket valuation is commonly applied to infer the preferences of individuals for restoration policies after an environmental disaster. A crucial issue in this task is to determine the appropriate lapse of time after which the valuation techniques should be applied. This study investigates the role of the emotional load in explaining the dynamic patterns of elicited preferences. The results show that preferences tend to stabilize when the emotional load is also stable. The main implication is that attitudinal investigation of emotions could provide satisfaction in formation for determining the time frame for implementing more costly nonmarket valuation studies.

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http://hdl.handle.net/10453/22639