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dc.contributor.authorHanley, Nicken_UK
dc.contributor.authorBoyce, Christopher Jen_UK
dc.contributor.authorCzajkowski, Mikolajen_UK
dc.contributor.authorTucker, Steveen_UK
dc.contributor.authorNoussair, Charlesen_UK
dc.contributor.authorTownsend, Michaelen_UK
dc.description.abstractA substantial literature in behavioural science and psychology shows that emotions affect human choices and values. This paper investigates whether such emotional impacts are also present in stated choice experiments for environmental goods. If this were so, it would introduce an additional element of context dependence to the welfare measures derived from such methods, and would be at odds with the rational choice model underlying welfare economics. A laboratory experiment using three different emotion treatments was combined with a stated preference choice experiment concerned with changes in coastal water quality and fish populations in New Zealand. No statistically significant effects of changes in emotional state on estimated preference parameters, willingness to pay or the randomness of choices were found. The paper concludes by questioning, why such a contrast exists with empirical findings in behavioural science.en_UK
dc.relationHanley N, Boyce CJ, Czajkowski M, Tucker S, Noussair C & Townsend M (2017) Sad or Happy? The Effects of Emotions on Stated Preferences for Environmental Goods. Environmental and Resource Economics, 68 (4), pp. 821-846.
dc.rightsThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (, which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were madeen_UK
dc.subjectChoice experimentsen_UK
dc.subjectBehavioral economicsen_UK
dc.subjectEnvironmental valuationen_UK
dc.subjectCost-benefit analysisen_UK
dc.titleSad or Happy? The Effects of Emotions on Stated Preferences for Environmental Goodsen_UK
dc.typeJournal Articleen_UK
dc.citation.jtitleEnvironmental and Resource Economicsen_UK
dc.type.statusVoR - Version of Recorden_UK
dc.contributor.affiliationUniversity of St Andrewsen_UK
dc.contributor.affiliationManagement, Work and Organisationen_UK
dc.contributor.affiliationUniversity of Warsawen_UK
dc.contributor.affiliationUniversity of Waikatoen_UK
dc.contributor.affiliationUniversity of Arizonaen_UK
dc.contributor.affiliationNew Zealand National Institute of Water and Atmospheric Researchen_UK
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