The valuation of environmental risks is commonly approached with the utilization of stated preference methods such as contingent valuation. In these methods, money is utilized as the scale that reflects the individual's underlying utility function. However, this scale can vary across individuals...

Corruption can have an effect on people's happiness and satisfaction, and therefore, can generate a social cost. However, the perceptions of corruption and satisfaction can also vary across subjects, due to socioeconomic and cultural characteristics. This article studies the differences in the...

<italic>Urban developments can transform adjacent rural areas by degrading their natural resource base and environmental values. In this paper we provide evidence on the implementation of an endogenous sustainable development plan for the rural--urban environment in the city of Las Palmas de Gran...</italic>

Emotions can affect individuals' preferences and economic behavior. In this paper we consider the relationship between emotions and anchoring effects in non-market valuation. The findings show that although anchoring effects are relevant, elicited preferences are coherent, in the sense that they...

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...

In this paper we present results on the effect of medical experience on the economic evaluation of health policies utilizing the method of discrete choice experiments. Subjects in two split samples were asked about choice situations involving alternative profiles defined by the attributes of an...