Showing 1 - 10 of 115
This paper reports the results of a stated preference study investigating the Willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of non-shopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train-metro-tram station Amsterdam Zuid...
Persistent link: https://www.econbiz.de/10011256181
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
local users. This paper addresses the issue of disutilities of space congestion through a dichotomous choice experiment …
Persistent link: https://www.econbiz.de/10011256329
Conventional hedonic analysis measures willingness to pay for attributes on the basis of marginal fixed costs. We argue that in many cases variable costs are also affected by these attributes and that this should be taken into account. We develop a simple model to show that the marginal...
Persistent link: https://www.econbiz.de/10011256475
We perform a meta-analysis of studies investigating consumers' preferences for electric and other alternative fuel vehicles to provide insights into the way consumers trade off driving range for capital costs. We find that consumers are willing to pay, on average, between 47 and 64 USD for a...
Persistent link: https://www.econbiz.de/10011257527
The authors argue that it is possible to break the demand for films into two types: the underlying demand accounted for … by audiences’ behaviours owing to events outside the film industry (vacations, climate, etc.); and demand due to the … studios exploit peaks in demand. Such agglomeration increases seasonality and could lead studios to overestimate the true …
Persistent link: https://www.econbiz.de/10010708168
cumulative prospect theory (CPT). We show that the computation of demand for a contingent claim when utilities are within that …
Persistent link: https://www.econbiz.de/10011073758
A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...
Persistent link: https://www.econbiz.de/10011256921
This paper investigates the impact of health risk on insurance contract with hazard moral. We use a bi …-dimensional utility function (wealth and health status). We prove that the type of health risk influences the equilibrium of insurance …
Persistent link: https://www.econbiz.de/10010861615
insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers …
Persistent link: https://www.econbiz.de/10011255495