English, Article edition: The influence of decision-making rules on individual preferences for ecological restoration: Evidence from an experimental survey Ito, Nobuyuki; Takeuchi, Kenji; Kuriyama, Koichi; ...

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Physical Description
  • article
Language
  • English

Edition details

Title
  • The influence of decision-making rules on individual preferences for ecological restoration: Evidence from an experimental survey
Author
  • Ito, Nobuyuki
  • Takeuchi, Kenji
  • Kuriyama, Koichi
  • Shoji, Yasushi
  • Tsuge, Takahiro
  • Mitani, Yohei
Physical Description
  • article
Notes
  • 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.
  • Participatory approaches Decision-making rules Stated preference Environmental valuation Ecological restoration
  • RePEc:eee:ecolec:v:68:y:2009:i:8-9:p:2426-2431
Language
  • English
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