Journal
ECONOMIA AGRARIA Y RECURSOS NATURALES
Volume 18, Issue 1, Pages 79-109Publisher
UNIV POLITECNICA VALENCIA, EDITORIAL UPV
DOI: 10.7201/earn.2018.01.04
Keywords
Meta-analysis; choice experiments; status quo effect in environmental valuations
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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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