Choice for goods under threat of destruction

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 135
Issue: C
Pages: 137-140

Authors (2)

Messer, Kent D. (University of Delaware) Borchers, Allison M. (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The choices related to preservation often involve consideration of the fate of the non-selected land. Yet, theory traditionally assumes that the fate of non-selected goods does not influence consumers’ preferences. Results from a framed field experiment involving the private choice of wine show that consumer preferences can dramatically shift for items under the threat of imminent destruction. This shift (upwards of 58% increase) may explain why conservation professionals, despite decades of scientific evidence, have failed to adopt cost-effective techniques that would yield large conservation benefits at no additional cost. Interestingly, economists exhibit similar preference shifts.

Technical Details

RePEc Handle
repec:eee:ecolet:v:135:y:2015:i:c:p:137-140
Journal Field
General
Author Count
2
Added to Database
2026-01-26