Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation
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- Jacquemet, N., James, A.G., Luchini, S. et al. Environ Resource Econ (2011) 48: 413. doi:10.1007/s10640-010-9448-4
The field of social psychology explores how a person behaves within the context of other people. The social context can play a substantive role in non-market allocation decisions given peoples choices and values extend beyond the classic market-based exchange institution. Herein we explore how social psychology has affected one aspect of environmental economics: preference elicitation through survey work. We discuss social representation, social isolation, framing through cheap talk, and commitment theory through an oath.
KeywordsSocial psychology Commitment Persuasive communication Preference elicitation
JEL ClassificationC9 H4 Q5
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