Choosing not to choose: A meta-analysis of status quo effects in environmental valuations using choice experiments

Authors

  • Jesus Barreiro-Hurle Universidad Loyola Andalucía
  • Maria Espinosa-Goded Universidad Loyola Andalucía
  • Jose Miguel Martinez-Paz Universidad de Murcia
  • Angel Perni Universidad de Murcia

DOI:

https://doi.org/10.7201/earn.2018.01.04

Keywords:

Meta-analysis, choice experiments, status quo effect in environmental valuations

Abstract

Discrete choice experiments (DCE) normally include in their choice sets an option described as the status quo (i.e. no change to current situation; SQ). The literature has identified Status Quo Effect (SQE) as the systematic preference of the SQ over the alternatives that propose changes over and beyond what can be captured by the variation of attributes’ levels. In this paper, we conduct a meta-analysis of DCE applied in environmental policy to identify potential drivers of SQE. We find that accounting for heterogeneity in the econometric analysis, excluding protest responses and easing the choice’s cognitive burden reduce the presence of SQE.

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Author Biographies

Jesus Barreiro-Hurle, Universidad Loyola Andalucía

Departamento de Economía

Maria Espinosa-Goded, Universidad Loyola Andalucía

Departamento de Economía

Jose Miguel Martinez-Paz, Universidad de Murcia

Instituto del Agua y del Medio Ambiente (INUAMA)

Angel Perni, Universidad de Murcia

Instituto del Agua y del Medio Ambiente (INUAMA)

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2018-06-28

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