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Risk Preferences Over Health : Empirical Estimates and Implications for Healthcare Decision-Making

Mulligan, Karen; Baid, Drishti; Doctor, Jason N.; … - National Bureau of Economic Research - 2023

Recent research has documented a link between consumer risk preferences over health and the willingness to pay (WTP …) for medical technologies. However, the absence of empirical health risk preference estimates so far limits the … individual risk preference parameters over health-related quality of life (HRQoL) that shed light on health risk attitudes and …

Persistent link: https://www.econbiz.de/10014337758

Incorporating Search and Sales Information in Demand Estimation

Hortaçsu, Ali; Natan, Olivia R.; Parsley, Hayden; … - National Bureau of Economic Research - 2021

We propose an approach to modeling and estimating discrete choice demand that allows for a large number of zero sale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers then solves...

Persistent link: https://www.econbiz.de/10012794558

Estimating Students' Valuation for College Experiences

Aucejo, Esteban; French, Jacob; Zafar, Basit - National Bureau of Economic Research - 2021

The college experience involves much more than credit hours and degrees. Students likely derive utility from in-person instruction and on-campus social activities. Quantitative measures of the value of these individual components have been hard to come by. Leveraging the COVID-19 shock, we...

Persistent link: https://www.econbiz.de/10012482726

Public or Private Production of Food Safety : What Do U.S. Consumers Want?

Smith, V. Kerry - 2008

This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public...

Persistent link: https://www.econbiz.de/10012464359

Paying Your Fair Share : Perceived Fairness and Tax Compliance

Nathan, Brad C.; Perez-Truglia, Ricardo; Zentner, Alejandro - National Bureau of Economic Research - 2024

We provide evidence on the role of fairness for tax compliance: households are willing to pay more in taxes if they believe that other households are contributing their fair share. We conducted an information-disclosure natural field experiment in the context of property taxes in the United...

Persistent link: https://www.econbiz.de/10014576617

Policy-Instrument Choice and Benefit Estimates for Climate-Change Policy in the United States

Kotchen, Matthew J. - 2011

This paper provides the first willingness-to-pay (WTP) estimates in support of a national climate-change policy that are comparable with the costs of actual legislative efforts in the U.S. Congress. Based on a survey of 2,034 American adults, we find that households are, on average, willing to...

Persistent link: https://www.econbiz.de/10012461119

How Undervalued is the Covid-19 Vaccine? Evidence from Discrete Choice Experiments and VSL Benchmarks

Carlin, Patrick; Dixon, Brian E.; Simon, Kosali Ilayperuma - National Bureau of Economic Research - 2022

Two discrete choice experiments conducted early in the Covid-19 vaccination campaign show that people dramatically undervalue the Covid-19 vaccine, relative to benchmarks implied by the value of a statistical life (VSL). Our first experiment found that median willingness to pay (WTP) for initial...

Persistent link: https://www.econbiz.de/10013334337

How Do Investors Value ESG?

Baker, Malcolm; Egan, Mark L.; Sarkar, Suproteem K. - National Bureau of Economic Research - 2022

Environmental, social, and governance (ESG) objectives have risen to near the top of the agenda for corporate executives and boards, driven in large part by their perceptions of shareholder interest. We quantify the value that shareholders place on ESG using a revealed preference approach, where...

Persistent link: https://www.econbiz.de/10013477200

Private Sanctions

Hart, Oliver D.; Thesmar, David; Zingales, Luigi - National Bureau of Economic Research - 2022

We survey a representative sample of the U.S. population to understand stakeholders' desire to see their firms exit Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences. Only 37% think that leaving Russia is a purely...

Persistent link: https://www.econbiz.de/10013477220

Understanding the Demand-Side of an Illegal Market : Prohibition of Menthol Cigarettes

Kenkel, Donald Scott; Mathios, Alan D.; Phillips, Grace N. - National Bureau of Economic Research - 2024

The Food and Drug Administration has proposed to prohibit menthol cigarettes, which are smoked by almost 19 million people in the U.S. Illegal markets for menthol cigarettes could not only blunt the prohibition's intended consequence to reduce smoking but could also lead to unintended...

Persistent link: https://www.econbiz.de/10014486239

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