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Felso, Flora; Soetevent, Adriaan R. - Tinbergen Institute - 2012

-gift income: a) they are forced to change their shopping pattern because of the conditions imposed by the issuer of the … certificates, or b) they purposely separate gift certificates from other sources of income. The first reason implies a welfare loss …. About 14 percent of recipients separate their gift certificates from other income sources in order to buy a product they …

Persistent link: https://www.econbiz.de/10009391879

Stick to the Plan? A Revealed-Preference Study of Behavioural Impacts of Traffic Information

Tseng, Yin-Yen; Knockaert, Jasper; Verhoef, Erik T. - Tinbergen Institute - 2010

We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation...

Persistent link: https://www.econbiz.de/10008838588

Can we measure Individual Risk Attitudes in a Survey?

Ding, Xiaohao; Hartog, Joop; Sun, Yuze - Tinbergen Institute - 2010

parental income, risk attitudes are domain-specific. Correlations between survey measures and experimental measures, are in the …

Persistent link: https://www.econbiz.de/10008838614

Risk Attitudes and Profits among Small Enterprises in Nigeria

Lammers, Judith; Willebrands, Daan; Hartog, Joop - Tinbergen Institute - 2010

This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...

Persistent link: https://www.econbiz.de/10008838628

Non-take-up of Tax-favored Savings Plans: Are Household Portfolios Optimal?

Alessie, Rob; Hochguertel, Stefan; Soest, Arthur van - Tinbergen Institute - 2002

Since the early nineties, the Dutch tax system allows for a tax-favored form of risk free savings through employer- sponsored savings plans (ESSPs). Under some conditions and up to a certain amount, the contributions to this plan are tax-deductible, and the returns as well as the withdrawals are...

Persistent link: https://www.econbiz.de/10005795582

Value of Time by Time of Day: A Stated-Preference Study

Tseng, Yin-yen; Verhoef, Erik - Tinbergen Institute - 2007

This paper proposes an alternative, dynamic framework for estimating time-varying values of travel time savings and values of schedule delay, in which time-preferences are represented as the time-varying excess willingness to pay (EWPT) to being in the one location, over being elsewhere. It is...

Persistent link: https://www.econbiz.de/10005136852

The Information Content of a Stated Choice Experiment

Rouwendal, Jan; Blaeij, Arianne de; Rietveld, Piet; … - Tinbergen Institute - 2008

This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...

Persistent link: https://www.econbiz.de/10005136932

Who wants Safer Streets? Explaining Concern for Public Safety in Brazil

Pradhan, Menno; Ravallion, Martin - Tinbergen Institute - 2001

positive own-income effect, but a negative neighborhood- income effect; living in a poor area increases concern for public … safety at given own-income. The own-income effect is nonlinear, such that inequality attenuates the aggregate concern for …

Persistent link: https://www.econbiz.de/10005136941

Vulnerability in a Stochastic Dynamic Model

Elbers, Chris; Gunning, Jan Willem - Tinbergen Institute - 2003

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the household consumed permanently at the poverty line. The...

Persistent link: https://www.econbiz.de/10005136956

Risk Aversion and the Subjective Time Discount Rate: A Joint Approach

Praag, Bernard M.S. van; Booij, Adam S. - Tinbergen Institute - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. We

Persistent link: https://www.econbiz.de/10005137004