2012 Fiscal Year Final Research Report
Improvement of Contingent Valuation Method Considering Neuro Mechanism
| Project/Area Number |
21330052
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| Research Category |
Grant-in-Aid for Scientific Research (B)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Applied economics
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| Research Institution | Tokyo Institute of Technology |
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Principal Investigator |
HIDANO Noboru 東京工業大学, 大学院・社会理工学研究科, 教授 (90111658)
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| Co-Investigator(Kenkyū-buntansha) |
KATO Takaaki 北九州市立大学, 国際環境工学部, 准教授 (20293079)
KOTANI Yasunori 東京工業大学, 社会理工学研究科, 助教 (40240759)
OHIRA Hideki 名古屋大学, 環境学研究科, 教授 (90221837)
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| Co-Investigator(Renkei-kenkyūsha) |
AKAMA Hiroyuki 東京工業大学, 社会理工学研究科, 准教授 (60242301)
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| Project Period (FY) |
2009 – 2012
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| Keywords | 環境経済学 / CVM |
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| Research Abstract |
The purpose of this research is twofold, i.e., to investigate how to improve contingent valuation method for environmental and public economics considering warm glow and to find basic neuro-scientific findings related such emotional feelings in decision- making. Although we found there exists non-rational decision-making in neuroscience, we showed that we could estimate such decision-making by introducing an emotional factor, e.g., superiority illusion in utility function.
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