Consulta: subjectFacets:"Contingent evaluation"
Registros recuperados: 1
Data/hora: 09/06/2024 01:48:02

Knowledge and the Valuation of Public Goods and Experiential Commodities: Information Provision and Acquisition
Provedor de dados: 31
Autores: Tisdell,   Clement A.
Provides empirical evidence of significant lack of relevant knowledge of some public goods and experiential commodities. It also analyses whether information provision about the attributes or characteristics of commodities is likely to result in individuals’ finding their ‘true’ preferences for these, and identifies the type and nature of information that should be conveyed to enable commodities to be appropriately valued. It also recognizes that sometimes commodities may contain attributes that individuals are unable to evaluate. Furthermore, individuals acquire and filter information about commodities. Factors influencing these activities require analysis. A cost-benefit analysis of information acquisition suggests that individuals are less likely to...
Tipo: Working or Discussion Paper
Palavras-chave: Behavioral economics; Contingent evaluation; Experiential commodities; Information; Knowledge; Public choice; Public goods; Nature conservation; Valuation; Public Economics.
Ano: 2006
URL: http://purl.umn.edu/90545