Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308984 
Year of Publication: 
2022
Citation: 
[Journal:] Environmental and Resource Economics [ISSN:] 1573-1502 [Volume:] 82 [Issue:] 1 [Publisher:] Springer Netherlands [Place:] Dordrecht [Year:] 2022 [Pages:] 257-283
Publisher: 
Springer Netherlands, Dordrecht
Abstract: 
Information provided in valuation surveys has been shown to affect stated preferences, which in turn may matter for the validity and reliability of survey-based value estimates. Although information effects are widely documented in stated preference studies, the reasons underlying the effects are less established. We focus on information about the policy context of the valuation scenario and examine two pathways which may help explain how including such information in a survey affects stated preferences. We hypothesize and empirically analyze whether the information effects on stated preferences can emerge as a result of changed perceptions about (1) the survey consequentiality and (2) the credibility of the valuation scenario upon facing the additional information. Our results confirm that the frequently found information effects can be present in the context of urban green and climate adaptation. The role of the additional information appears to be negligible for consequentiality perceptions. In contrast, the additional information strengthens the perceived credibility, and this may partially explain the information effects on stated preferences. We conclude that stated preference research may benefit from an increased attention to perceived credibility of the valuation scenario.
Subjects: 
Environmental valuation
Information effects
Survey consequentiality
Scenario credibility
Urban ecosystem services
Hybrid choice model
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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