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We consider sequences where a subset of public goods are systematically being created or destroyed. For the case of strict Hicksian substitutes between all pairs of this subset of public goods, we show that willingness to pay for an increase in a particular public good is strictly decreasing the...
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Conventional analysis of public goods provision aggregates individual willingness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the labor-leisure decision by...
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This study examines how lessons produced with an electronic whiteboard, video recorded, and delivered by Internet streaming, affect student satisfaction in undergraduate economics. Survey results show students enjoy the non-classroom experience of streaming and watching lecture videos. However,...
Persistent link: https://www.econbiz.de/10014062182
Conventional analysis of public goods provision aggregates individual willinness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the laborl/leisure decision by...
Persistent link: https://www.econbiz.de/10008567671
Disagreement among researchers regarding types of optimal choice experiments is often best seen as resulting from differences in the set of assumptions researchers are willing to make about the underlying data generating process. Much of the current debate may have confused, rather than...
Persistent link: https://www.econbiz.de/10010289573
The choice experiment elicitation format confronts survey respondents with repeated choice tasks. Particularly within the context of valuing pure public goods, this repetition raises two issues. First, does advanced awareness of multiple tasks influence stated preferences from the outset, and...
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