Psychological insights have made inroads within most major areas of study in economics. One area where less advance has been made is environmental and resource economics. In this study, we examine the implications of preference reversals over evaluation modes, in which stated economic values...

Common pool resources (CPRs) are usually exploited one generation after another - often overexploited - meaning there is an intergenerational link between the consumers - e.g., water for farming activities. This key dimension is often not considered in theoretical or field experiments, due to...

Psychological insights have made inroads within most major areas of study in economics. One area where less advance has been made is environmental and resource economics. In this study, we examine the implications of preference reversals over evaluation modes, in which stated economic values...