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Persistent link: https://www.econbiz.de/10005765806
We study adoption by more than 150,000 households of an optional transitional water tariff implemented in the South … look at the timing of the call, showing how most customers choose to call early on, when less information is available, but …
Persistent link: https://www.econbiz.de/10012916940
This study is the first to estimate mothers' marginal willingness to pay (MWP) for job amenities directly. Its identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can decide whether and when to return to their guaranteed...
Persistent link: https://www.econbiz.de/10013157193
Willingness to pay (WTP) and willingness to accept (WTA) a monetary amount for a lottery should be closely related. In data from an incentivized survey of a representative sample of 3,000 U.S. adults, we find that WTA and WTP for a lottery are, at best, weakly correlated. Across all respondents,...
Persistent link: https://www.econbiz.de/10012953937
We examine the presence of a systematic preference for independent living at old age which we refer as “institutionalization aversion” (IA). Given that IA is not observable from revealed preferences, we draw on a survey experiment to elicit individuals' willingness to pay (WTP) to avoid...
Persistent link: https://www.econbiz.de/10012942377
This paper investigates whether a nation's contingent value of hosting a mega-event depends on past experience with implied public goods benefits for its residents. Applying data from an ex-ante and ex-post query based on contingent valuation methods, we use the FIFA World Cup 2006 as a natural...
Persistent link: https://www.econbiz.de/10012764394
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10013049206
readership, therefore guaranteeing maximum diffusion. We conduct a field experiment with the Italian information site lavoce … individual contributions. We also test the effect of including information about the tax allowance associated with donations …. While the particular motivation stressed does not have a significant impact, information about tax allowances surprisingly …
Persistent link: https://www.econbiz.de/10012920114
known. We examine the effects of information about heterogeneity of risk on economic evaluation. Although social welfare … (defined as aggregate expected utility) is unaffected by information about risk heterogeneity, the economic valuation of … changes in risk (the sum of individual compensating or equivalent variations) is sensitive to this information. The effect of …
Persistent link: https://www.econbiz.de/10012753987
We report results of a survey of a representative sample of the German population in which respondents were asked in various scenarios for their willingness-to-pay (WTP) for a gain of one quality-adjusted life year. While one version of the survey exactly copied the setting (online survey) and...
Persistent link: https://www.econbiz.de/10013315781