Choosing not to choose: A meta-analysis of status quo effects in environmental valuations using choice experiments

Autor: Jesus Barreiro-Hurle, Maria Espinosa-Goded, Jose Miguel Martinez-Paz, Angel Perni
Jazyk: English<br />Spanish; Castilian
Rok vydání: 2018
Předmět:
Zdroj: Economía Agraria y Recursos Naturales, Vol 18, Iss 1, Pp 79-109 (2018)
Druh dokumentu: article
ISSN: 1578-0732
2174-7350
DOI: 10.7201/earn.2018.01.04
Popis: Discrete choice experiments (DCE) normally include in their choice sets an option described as the status quo (i.e. no change to current situation; SQ). The literature has identified Status Quo Effect (SQE) as the systematic preference of the SQ over the alternatives that propose changes over and beyond what can be captured by the variation of attributes’ levels. In this paper, we conduct a meta-analysis of DCE applied in environmental policy to identify potential drivers of SQE. We find that accounting for heterogeneity in the econometric analysis, excluding protest responses and easing the choice’s cognitive burden reduce the presence of SQE.
Databáze: Directory of Open Access Journals