Economics · Environmental Valuation Methods
In contingent valuation surveys, the term 'warm glow' effect refers to a situation where respondents:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1State a low willingness to pay to protect themselves from potential tax increases.
- 2State a high willingness to pay in order to force other individuals to pay a higher price.
- 3State a high willingness to pay regardless of the actual environmental impact, simply to experience moral satisfaction or social approval.✓
- 4Feel physically warm due to the nature of the questions asked.
Correct answer
State a high willingness to pay regardless of the actual environmental impact, simply to experience moral satisfaction or social approval.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Environmental Valuation Methods MCQs →Want more practice questions on Environmental Valuation Methods?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Environmental Valuation Methods