International Review of Environmental and Resource Economics > Vol 7 > Issue 3–4

Environment, Well-Being, and Experienced Preference

Heinz Welsch, University of Oldenburg, Germany, heinz.welsch@uni-oldenburg.de Susana Ferreira, University of Georgia, USA, sferreir@uga.edu
 
Suggested Citation
Heinz Welsch and Susana Ferreira (2014), "Environment, Well-Being, and Experienced Preference", International Review of Environmental and Resource Economics: Vol. 7: No. 3–4, pp 205-239. http://dx.doi.org/10.1561/101.00000061

Published: 18 Dec 2014
© 2014 H. Welsch and S. Ferreira
 
Subjects
Environmental Economics
 
Keywords
Q51D60D03I31B4
Non-market valuationEnvironmental behaviorExperienced utilityHappinessLife satisfactionSubjective well-being
 

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In this article:
1. Introduction
2. Non-Market Valuation
3. Methodological Advances
4. Areas of Application
5. Well-Being and Environmental Behavior
6. Conclusions
References

Abstract

Recent years have seen a sharp increase in the use of subjective well-being data in environmental economics. This article discusses the conceptual underpinnings of using such data as a tool for preference elicitation and non-market valuation. Given the connection of those data to the notion of experienced utility, we refer to this approach as the experienced preference method and discuss recent methodological advances and applications of the approach to subject areas not previously reviewed. In addition, we discuss insights concerning environmental behavior that can be gained with the help of subjective well-being data.

DOI:10.1561/101.00000061