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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30462
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Frey, Bruno S. | | en_US |
| dc.contributor.author | | Luechinger, Simon | | en_US |
| dc.contributor.author | | Stutzer, Alois | | en_US |
| dc.date.accessioned | | 2009-11-17 | | en_US |
| dc.date.accessioned | | 2010-05-14T08:19:53Z | | - |
| dc.date.available | | 2010-05-14T08:19:53Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/30462 | | - |
| dc.description.abstract | | In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation technique. The LSA builds on the recent development of subjective well-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income and other covariates. The estimated coefficients for the environmental good and income can then be used to calculate the implicit willingness-to-pay for the environmental good. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2836 | | en_US |
| dc.subject.jel | | Q51 | | en_US |
| dc.subject.jel | | I31 | | en_US |
| dc.subject.jel | | D61 | | en_US |
| dc.subject.jel | | Q53 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | life satisfaction approach | | en_US |
| dc.subject.keyword | | subjective well-being | | en_US |
| dc.subject.keyword | | non-market valuation | | en_US |
| dc.subject.keyword | | cost-benefit analysis | | en_US |
| dc.subject.keyword | | air pollution | | en_US |
| dc.subject.stw | | Umweltbelastung | | en_US |
| dc.subject.stw | | Umweltschutz | | en_US |
| dc.subject.stw | | Kosten-Nutzen-Analyse | | en_US |
| dc.subject.stw | | Lebenszufriedenheit | | en_US |
| dc.subject.stw | | Lebensqualität | | en_US |
| dc.subject.stw | | Willingness to pay | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | The life satisfaction approach to environmental valuation | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 612915840 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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