dc.contributor.author | Vondolia, Godwin Kofi | |
dc.contributor.author | Hynes, Stephen | |
dc.contributor.author | Armstrong, Claire W. | |
dc.contributor.author | Chen, Wenting | |
dc.date.accessioned | 2022-01-18T13:49:14Z | |
dc.date.available | 2022-01-18T13:49:14Z | |
dc.date.created | 2022-01-05T13:23:04Z | |
dc.date.issued | 2021 | |
dc.identifier.citation | Journal of Behavioral and Experimental Economics. 2021, 91, 101682. | en_US |
dc.identifier.issn | 2214-8043 | |
dc.identifier.uri | https://hdl.handle.net/11250/2838003 | |
dc.description.abstract | Subjective well-being valuation has recently grown in use with applications in the fields of environment, health, and cultural heritage. With this methodology values are based on how non-market goods impact on self-reported measures of well-being such as life satisfaction. Despite the differences in theoretical foundations of subjective well-being and preference-based valuation methods, recent applications have attempted to integrate both approaches without the complete understanding of the effects of subjective well-being on stated preference elicitation. The present study investigates the extent to which subjective well-being impacts the responses to a choice experiment in Norway. The results indicate that momentary subjective well-being does not induce a higher level of randomness in the stated choices but rather affects the preferences for attribute. We also find that self-reported well-being measures respond differently to the cost attribute in the choice experiment. Furthermore, we compute marginal willingness-to-pays for various subjective well-being categories and discuss the implications of these results for an integrated modelling of subjective well-being and preference-based valuation methods. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Elsevier | en_US |
dc.rights | Navngivelse 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/deed.no | * |
dc.title | Subjective well-being and stated preferences: Explorations from a choice experiment in Norway | en_US |
dc.type | Peer reviewed | en_US |
dc.type | Journal article | en_US |
dc.description.version | publishedVersion | en_US |
dc.rights.holder | © 2021 The Authors. Published by Elsevier Inc | en_US |
dc.source.pagenumber | 10 | en_US |
dc.source.volume | 91 | en_US |
dc.source.journal | Journal of Behavioral and Experimental Economics | en_US |
dc.identifier.doi | 10.1016/j.socec.2021.101682 | |
dc.identifier.cristin | 1975167 | |
dc.source.articlenumber | 101682 | en_US |
cristin.ispublished | true | |
cristin.fulltext | original | |
cristin.qualitycode | 1 | |