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SPECIFICATION OF A MODEL TO MEASURE THE VALUE OF TRAVEL TIME SAVINGS FROM BINOMIAL DATA

Fosgerau, Mogens - EconWPA - 2005

Using nonparametric methods, the paper examines the specification of a model to evaluate the distribution of willingness-to-pay (WTP) for travel time savings from binomial choice data from a simple time-cost trading experiment involving four public transport modes. A formulation in preference...

Persistent link: https://www.econbiz.de/10005556185

A look at the Bonferroni inequality measure in a reliability framework

Giorgi, Giovanni Maria; Crescenzi, Michele - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005556394

From Fault Tree to Credit Risk Assessment: A Case Study

GATFAOUI, Hayette - EconWPA - 2005

Reliability has been largely applied to industrial systems in order to study the various possibilities of systems … minimal paths leading to any system’s fault allows for a better control of systems’ safety. To this end, reliability is … theory to credit risk assessment. The author explains that fault tree is one alternative approach of reliability, which …

Persistent link: https://www.econbiz.de/10005407916

Gross National Happiness as an Answer to the Easterlin Paradox?

Tella, Rafael Di; MacCulloch, Robert - EconWPA - 2005

The Easterlin Paradox refers to the fact that happiness data are typically stationary in spite of considerable increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility function. One possible answer is that human development...

Persistent link: https://www.econbiz.de/10005561269

Are there Regional Variations in the Psychological Cost of Unemployment in South Africa?

Powdthavee, Nattavudh - EconWPA - 2003

Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates. Using cross-sectional data from the SALDRU93 survey, we show...

Persistent link: https://www.econbiz.de/10005125760

Una misurazione del benessere nelle regioni italiane

Grasso, Marco - EconWPA - 2004

La limitazione del benessere ai soli aspetti reddituali ignora numerose dimensioni e condizioni fondamentali per il realizzarsi delle potenzialità individuali. Obiettivo dell’articolo è quello di fornire una misura multidimensionale di benessere per le Regioni italiane, che superi la...

Persistent link: https://www.econbiz.de/10005125921

Unhappiness and Crime: Evidence from South Africa

Powdthavee, Nattavudh - EconWPA - 2003

This paper is the first of its kind to study quality of life responses of crime victims. Using cross-sectional data from the OHS97 survey of South Africa, we show that victims report significantly lower well-being than the non-victims, ceteris paribus. Happiness is lower for nonvictimized...

Persistent link: https://www.econbiz.de/10005407734

Knowing what is good for you. Empirical analysis of personal preferences and the 'objective good'

Lelkes, Orsolya - EconWPA - 2005

between these two in the case of basic needs. For the analysis, individuals’ self-reported life satisfaction is used as a … social relations - significantly influence people’s satisfaction, ceteris paribus. Next, the stability of preferences is … between life satisfaction and basic measures of well-being despite the landslide of societal and economic transformation. …

Persistent link: https://www.econbiz.de/10005407815

Population Growth in European Cities: weather matters – but only nationally

Paul_Cheshire; Stefano_Magrini - EconWPA - 2004

This paper investigates differences in the rate of growth of population across the large city-regions of the EU12 between 1980 and 2000. The US model which assumes perfect factor mobility does not seem well adapted to European conditions. There is evidence strongly suggesting that equilibrating...

Persistent link: https://www.econbiz.de/10005407839

A Model of Demographic and Economic Processe Interaction

Olenev, Nicholas; Sarancha, Dmitry - EconWPA - 2003

This paper gives a description of fertility influence on education level of population and its well-being. We carry out the consideration by a demographic model keeping age structure. We suppose that (i) a part of GDP ia used for investment in education, (ii) the production level depends on the...

Persistent link: https://www.econbiz.de/10005408298