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How creative are you? An experimental study on self-selection in a competitive incentive scheme for creative performance

Bradler, Christiane - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2015

Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents. The existing evidence on the self-selection of agents is largely limited to job tasks where performance is driven by routine, well-defined procedures. This study presents...

Persistent link: https://www.econbiz.de/10011213916

Impatience among preschool children and their mothers

Kosse, Fabian; Pfeiffer, Friedhelm - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child's impatience stems from a delay of gratification experiment. Mother's impatience has been assessed by a choice task where the mothers faced trade-offs between a...

Persistent link: https://www.econbiz.de/10009646610

The long-term impact of matching and rebate subsidies when public goods are impure: Field experimental evidence from the carbon offsetting market

Kesternich, Martin; Löschel, Andreas; Römer, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

In this paper, we investigate both short- and long-term impacts of financial stimuli on public goods provision when contributions are tied to individual harm-related behavior. We conduct a large-scaled field experiment to examine voluntary contributions to a carbon offsetting program during the...

Persistent link: https://www.econbiz.de/10011095351

Direct and indirect effects of weather experiences on life satisfaction: Which role for climate change expectations?

Osberghaus, Daniel; Kühling, Jan - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

This paper deals with the effect of (i) damage experience from extreme weather events and (ii) expectations concerning …. The effect of experienced weather events on SWB of the heads of the households is only significant for heat waves; not for … weather experiences are quantified. It becomes apparent that the indirect effect is significant but small compared to the …

Persistent link: https://www.econbiz.de/10010985714

German car buyers' willingness to pay to reduce CO2 emissions

Achtnicht, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

Motorized individual transport strongly contributes to global CO2 emissions, due to its intensive usage of fossil fuels. Current political efforts addressing this issue (i.e. emission performance standards in the EU) are directed towards car manufacturers. This paper focuses on the demand side....

Persistent link: https://www.econbiz.de/10010957588

Knowing what not to do: Financial literacy and consumer credit choices

Dick, Christian D.; Jaroszek, Lena M. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Based on a rich panel of household data, we investigate the determinants of the use of consumer credit in Germany. We find that the usage frequency of an easily accessible, but relatively expensive source of consumer credit decreases with financial literacy but is unrelated to household income....

Persistent link: https://www.econbiz.de/10010957617

Factors influencing German house owners' preferences on energy retrofits

Achtnicht, Martin; Madlener, Reinhard - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

In this paper, we identify key drivers and barriers for the adoption of building energy retrofits in Germany, which is promoted by public policy as an important measure to address the future challenges of climate change and energy security. We analyze data from a 2009 survey of more than 400...

Persistent link: https://www.econbiz.de/10010957637

Forecasting adoption of ultra-low-emission vehicles using the GHK simulator and Bayes estimates of a multinomial probit model

Daziano, Ricardo A.; Achtnicht, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

In this paper we use Bayes estimates of a multinomial probit model with fully flexible substitution patterns to forecast consumer response to ultra-low-emission vehicles. In this empirical application of the probit Gibbs sampler, we use stated-preference data on vehicle choice from a...

Persistent link: https://www.econbiz.de/10010957664

Accounting for uncertainty in willingness to pay for environmental benefits

Daziano, Ricardo A.; Achtnicht, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Previous literature on the distribution of willingness to pay has focused on its heterogeneity distribution without addressing exact interval estimation. In this paper we derive and analyze Bayesian confidence sets for quantifying uncertainty in the determination of willingness to pay for carbon...

Persistent link: https://www.econbiz.de/10010957726

Demand Systems with Unit Values: A Comparsion of Two Specifications

Lahatte, Agénor; Miquel, Ruth; Laisney, François; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1997

The availability of quantity information along with expenditure information in some household surveys allows the estimation of price reactions on the basis of unit values. We compare two specifications that have been proposed in this context by Deaton (1990) and Crawford et al. (1997) in order...

Persistent link: https://www.econbiz.de/10009642601