Showing 1 - 10 of 102
reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of … these characteristics over time and across situations. We find high reliability and that individual characteristics are …
Persistent link: https://www.econbiz.de/10010318820
transmitter incentive schemes, information about the reliability of a forecast is lost in transmission more than twice as much as …
Persistent link: https://www.econbiz.de/10014534411
Recent large-scale replications of social science experiments provide important information on the reliability of …
Persistent link: https://www.econbiz.de/10012179741
fact, we obtain a revealed-preference estimate of the willingness to pay for electricity reliability, the Value of Lost … Load, a key parameter for electricity market design. Our estimate, with an average of $4,980/MWh, suggests California …’s wildfire-prevention outages resulted in losses from foregone consumption of $406 million to residential electricity consumers. …
Persistent link: https://www.econbiz.de/10015097086
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions—generated by idiosyncratic tastes and local ties—dominate trade...
Persistent link: https://www.econbiz.de/10015211320
goals. The classical ones are entry prices and free entry. The museum club solution or exit donations allow for various … additional goals. Each scheme has clear advantages and disadvantages. We propose an innovative pricing instrument: Exit prices …
Persistent link: https://www.econbiz.de/10010270468
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10012018135
We study the dual relationship between market structure and prices and between market structure and investment in … mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across … 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices …
Persistent link: https://www.econbiz.de/10011698676
Prices, and reduces price volatility. Our findings are important for emission trading schemes worldwide, such as California …
Persistent link: https://www.econbiz.de/10011815843
firms' revenue, quantity and prices to estimate TFP and TFP-R and decompose the latter into various elements. Our analysis … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …, despite higher prices. These and other results we document suggest that firms in denser areas are able to charge higher prices …
Persistent link: https://www.econbiz.de/10012214172