Voter-Weighted Environmental Preferences

Vanderbilt Law and Economics Research Paper No. 09-16

Journal of Policy Analysis and Management, Autumn 2009

50 Pages Posted: 17 Jun 2009

See all articles by Jason Bell

Jason Bell

Duke University - Fuqua School of Business

Joel Huber

Duke University - Fuqua School of Business

W. Kip Viscusi

Vanderbilt University - Law School; National Bureau of Economic Research (NBER); Vanderbilt University - Department of Economics; Vanderbilt University - Owen Graduate School of Management; Vanderbilt University - Strategy and Business Economics

Date Written: June 4, 2009

Abstract

This article examines the political economy of preferences with respect to the environment using a new stated preference survey that presents the first benefit values for national water quality levels. The mean valuation greatly exceeds the median value, as the distribution of valuations is highly skewed. The study couples the survey valuations with unique and extensive information on respondent voting patterns. Preferences of registered voters are similar to the preferences of the population at large, but median voters value water quality more than non-voters. The strongest contrast related to voter weighted preferences is among voters for different candidates, as those who voted for Gore in the 2000 presidential election have the highest environmental values.

Keywords: environment, water quality, stated preference, political economy, benefit-cost analysis

JEL Classification: H41, Q53, Q58

Suggested Citation

Bell, Jason and Huber, Joel and Viscusi, W. Kip, Voter-Weighted Environmental Preferences (June 4, 2009). Vanderbilt Law and Economics Research Paper No. 09-16, Journal of Policy Analysis and Management, Autumn 2009, Available at SSRN: https://ssrn.com/abstract=1420933

Jason Bell

Duke University - Fuqua School of Business ( email )

Box 90120
Durham, NC 27708-0120
United States

Joel Huber

Duke University - Fuqua School of Business ( email )

Box 90120
Durham, NC 27708-0120
United States
919-660-7785 (Phone)

W. Kip Viscusi (Contact Author)

Vanderbilt University - Law School ( email )

131 21st Avenue South
Nashville, TN 37203-1181
United States
615-343-7715 (Phone)
615-322-5953 (Fax)

HOME PAGE: http://law.vanderbilt.edu/faculty/viscusi.htm

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Vanderbilt University - Department of Economics

Box 1819 Station B
Nashville, TN 37235
United States
(615) 343-7715 (Phone)
(615) 343-5953 (Fax)

HOME PAGE: http://law.vanderbilt.edu/faculty/viscusi.htm

Vanderbilt University - Owen Graduate School of Management

401 21st Avenue South
Nashville, TN 37203
United States
(615) 343-7715 (Phone)
(615) 343-5953 (Fax)

HOME PAGE: http://law.vanderbilt.edu/faculty/viscusi.htm

Vanderbilt University - Strategy and Business Economics ( email )

Nashville, TN 37203
United States

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