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Information, consequentiality and credibility in stated preference surveys: A choice experiment on climate adaptation

Welling, Malte and Zawojska, Ewa and Sagebiel, Julian (2022). Information, consequentiality and credibility in stated preference surveys: A choice experiment on climate adaptation. Environmental and Resource Economics. 82 :1 , 257-283
[Research article]

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Abstract

Information provided in valuation surveys has been shown to afect stated preferences, which in turn may matter for the validity and reliability of survey-based value estimates. Although information efects are widely documented in stated preference studies, the reasons underlying the efects are less established. We focus on information about the policy context of the valuation scenario and examine two pathways which may help explain how including such information in a survey afects stated preferences. We hypothesize and empirically analyze whether the information efects on stated preferences can emerge as a result of changed perceptions about (1) the survey consequentiality and (2) the credibility of the valuation scenario upon facing the additional information. Our results confrm that the frequently found information efects can be present in the context of urban green and climate adaptation. The role of the additional information appears to be negligible for consequentiality perceptions. In contrast, the additional information strengthens the perceived credibility, and this may partially explain the information efects on stated preferences. We conclude that stated preference research may beneft from an increased attention to perceived credibility of the valuation scenario.

Authors/Creators:Welling, Malte and Zawojska, Ewa and Sagebiel, Julian
Title:Information, consequentiality and credibility in stated preference surveys: A choice experiment on climate adaptation
Series Name/Journal:Environmental and Resource Economics
Year of publishing :2022
Volume:82
Number:1
Page range:257-283
Number of Pages:27
ISSN:0924-6460
Language:English
Publication Type:Research article
Article category:Scientific peer reviewed
Version:Published version
Copyright:Creative Commons: Attribution 4.0
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
(A) Swedish standard research categories 2011 > 5 Social Sciences > 509 Other Social Sciences > Social Sciences Interdisciplinary (Peace and Conflict Research and Studies on Sustainable Society)
Keywords:Environmental valuation, Information efects, Survey consequentiality, Scenario credibility, Urban ecosystem services, Hybrid choice model
URN:NBN:urn:nbn:se:slu:epsilon-p-116441
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-p-116441
Additional ID:
Type of IDID
DOI10.1007/s10640-022-00675-0
ID Code:27585
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:20 Apr 2022 12:25
Metadata Last Modified:20 Apr 2022 12:31

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