Discrete-choice experiments, while becoming increasingly popular, have rarely been tested for validity and reliability … differ between experiments, they tend to vary in similar ways, suggesting at least theoretical validity and reliability. …

, its external validity in the health care domain has not been investigated until today. This paper examines the external … validity of DCE concerning the reduction of a health risk. Convergent validity is examined by comparing the value of a … statistical life with other preference elicitation techniques, such as revealed preference. Criterion validity is shown by …

This paper addresses the discussion between economic power and the power of politics with particular focus on financial … markets. After general reflections about the economic basis of power, the paper discusses in a general equilibrium framework …

of power. In the second part, we demonstrate that reported subjective well-being of the population is much higher in …

According to the widely used Managerial Power Model, a higher hierarchical position with associated higher power leads …-positive relationship between positional power and total compensation. Both power and income yield utility and in equilibrium managers are …. The results suggest that power positions do not yield higher compensation. Rather, there is a non-positive relationship …