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This paper presents an integrated framework for evaluating the reduction of several types of mortality risk using a Choice Experiment (CE) approach, a type of stated preference technique. Using this approach, we can distinguish the marginal willingness to pay (MWTP) for the amount of risk...
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This study applies a threshold model proposed by Granovetter (1978) to analyze the diffusion process of donating behavior for renewable energy. We first use a stated preference survey to estimate the determinants of a decision to support the donation scheme under various predicted participation...
Persistent link: https://www.econbiz.de/10008522972
We conduct an experimental survey to analyze how rules for collective decision-making influence individual preferences regarding nature restoration plans. Our study compares two decision-making rules--a consensus rule and a majority rule--wherein participants decide on a plan regarding nature...
Persistent link: https://www.econbiz.de/10004987826
While the risk level of visible factors has lowered, that of invisible and uncertain factors begin to attract attention, such as climate change triggering large-scale disasters and possible counter-risks arising from emerging technologies. Costs involved in reducing risk have risen considerably...
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