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The Perception of Lethal Risks: Evidence from a Laboratory Experiment
Schubert, Manuel; Brück, Tilman - Institute for the Study of Labor (IZA) - 2014
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk … drive the demand for risk reduction, and some to alter both. Our findings suggest that 30 percent of all insurance payments … complex interplay of mortality perception and demand for risk reduction. We observe that perceived annual mortality positively …
Persistent link: https://www.econbiz.de/10010959599
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Preferences for Redistribution and Pensions: What Can We Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - Institute for the Study of Labor (IZA) - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10008548714
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Measuring the Willingness to Pay to Avoid Guilt: Estimation Using Equilibrium and Stated Belief Models
Bellemare, Charles; Sebald, Alexander; Strobel, Martin - Institute for the Study of Labor (IZA) - 2010
controlling for a possible source of a consensus effect. All models are estimated using data from an experiment of proposal and …
Persistent link: https://www.econbiz.de/10008562544
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Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier A.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007
This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express adults’ willingness to pay for changes in child...
Persistent link: https://www.econbiz.de/10005822923
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Do Network Externalities Really Matter In Consumer Behavior ? Experimental Framework For Measuring Willingness To Pay For Network Size
Cadario, Romain; Le Nagard, Emmanuelle; Desmet, Pierre - Université Paris-Dauphine (Paris IX) - 2012
Consequences of network externalities, such as product growth and innovation diffusion, are widely studied in marketing literature. However, there is little empirical research that examines the existence of such network externalities in consumer behavior. When and how do consumers take into...
Persistent link: https://www.econbiz.de/10011072347
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Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of Statistical Life
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - Institute for the Study of Labor (IZA) - 2012
Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers' decisions concerning exposure to fatal injury risk...
Persistent link: https://www.econbiz.de/10011096076
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Unwillingness to Pay for Privacy: A Field Experiment
Beresford, Alastair R.; Kübler, Dorothea; Preibusch, Sören - Institute for the Study of Labor (IZA) - 2010
We measure willingness to pay for privacy in a field experiment. Participants were given the choice to buy a maximum of …
Persistent link: https://www.econbiz.de/10008557221
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Does Development Reduce Migration?
Clemens, Michael A. - Institute for the Study of Labor (IZA) - 2014
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010959810
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When Supply Meets Demand: Wage Inequality in Portugal
Centeno, Mario; Novo, Alvaro A. - Institute for the Study of Labor (IZA) - 2009
. Polarization of employment demand is the more credible explanation for the more recent evolution. As in other developed economies …
Persistent link: https://www.econbiz.de/10008558937
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Child Welfare and Old-Age Security in Female Headed Households in Tanzania
Seebens, Holger - Institute for the Study of Labor (IZA) - 2009
This paper is concerned with patterns of expenditure and child welfare among female headed (FHH) and male headed households (MHH) in Tanzania as well as with the underlying cause of potentially different patterns. I estimate semiparametric Engel curves to investigate household expenditure...
Persistent link: https://www.econbiz.de/10005703296