In choice experiment (CE) applications, subjects are typically assumed to fully accept information given in the status quo (SQ) alternative, however, subjects might adjust such information on the basis of their subjective beliefs. This phenomenon is known as scenario adjustment. By using a CE...

Risks are an essential feature of future climate change impacts. We explore whether knowledge that climate change might be the source of increasing pine beetle impacts on public or private forests affects stated risk estimates of damage, elicited using the exchangeability method. We find that...

Consumers’ food choices often deviate from rationality. This paper explores whether deviations from rationality impact home-grown values elicited using either bid- or choice-based value elicitation techniques. The paper focuses on second-price Vickrey auctions and discrete choice experiments,...

Questo studio analizza, utilizzando il metodo della valutazione contingente, le preferenze delle comunità locali circa l’installazione di un parco eolico progettato in Provincia di Roma. Gli autori stimano la riduzione della bolletta elettrica che i cittadini sono disposti ad accettare come...

The study of climate change perceptions of people Many studies in psychology suggest that laypeople perceive climate change as a moderate risk. While the climate changes were described as an abstract phenomenon in previous investigations, here we describe climate change as the source of a...