Seemingly irrelevant factors and willingness to block polluting investments

Nicolas Ajzenman, Lenin H. Balza, Hernan Bejarano, Camilo De Los Rios, Nicolas Gomez-Parra

Using an online multi-country video-vignette survey experiment, we measure bias against extractive industries and foreign firms in individuals perceptions and preferences related to industrial projects with potential economic benefits and environmental costs. Individuals face a hypothetical industrial investment project with a randomly assigned implementing firm, which varies in one or two dimensions: nationality (foreign or national), and industrial sector (extractive or generic). We elicit several incentivized and non-incentivized measures of acceptance of hypothetical investments. We find a precisely estimated null effect on willingness to pay to block the projects across experimental treatments: respondents express similar reactions to the same information independently of the firms origin or industrial sector.

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Year of publication:	December 2023
Authors:	Ajzenman, Nicolas ; Balza, Lenin H. ; Bejarano, Hernan ; Rios Rueda, Camilo de los ; Gomez-Parra, Nicolas
Publisher:	[Washington, DC] : Inter-American Development Bank, Energy Division
Subject:	experimental economics \| extractive industries \| perceptions \| willingness-to-pay \| valuation \| Experiment \| Zahlungsbereitschaftsanalyse \| Willingness to pay \| Theorie \| Theory \| Rohstoffwirtschaft \| Resources sector

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Extent:	1 Online-Ressource (circa 100 Seiten) Illustrationen
Series:	Working paper. - Washington, DC : IDB, ZDB-ID 2576368-4. - Vol. no IDB-WP-1554
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	10.18235/0005369 [DOI] hdl:10419/299457 [Handle]
Classification:	C90 - Design of Experiments. General ; D70 - Analysis of Collective Decision-Making. General ; D90 - Intertemporal Choice and Growth. General ; L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels ; Q30 - Nonrenewable Resources and Conservation. General ; Q51 - Valuation of Environmental Effects
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014539005