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Inequality and the value of public natural capital
Meya, Jasper; Baumgärtner, Stefan; Drupp, Moritz A.; … - 2020
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory … values between study and policy contexts, or to up-scale values from study sites to the national scale. Our theory provides …
Persistent link: https://www.econbiz.de/10012387514
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The value of national defense : assessing public preferences for defense policy options
Qari, Salmai; Börger, Tobias; Lohse, Tim; Meyerhoff, … - 2023
Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense spending in terms of greater economic growth or...
Persistent link: https://www.econbiz.de/10014450765
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A novel approach to estimating the demand value of road safety
Rheinberger, Christoph M.; Schläpfer, Felix; Lobsiger, … - 2016 - This version March 8, 2016
We estimate the demand value of road safety improvements in Switzerland from survey data using a novel elicitation approach. Individuals’ responses to questions about how much public spending on road safety should be increased are combined with observations of income, tax rate, and road usage...
Persistent link: https://www.econbiz.de/10011622075
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Competitive politics, simplified heuristics, and preferences for public goods
Schläpfer, Felix; Schmitt, Marcel; Roschewitz, Annette - 2007
This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...
Persistent link: https://www.econbiz.de/10003892449
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When are preferences consistent? : the effects of task familiarity and contextual cues on revealed and stated preferences
Schläpfer, Felix; Fischhoff, Baruch - 2010
Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...
Persistent link: https://www.econbiz.de/10008696007
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Equal sacrifice and fair burden sharing in a public goods economy
Buchholz, Wolfgang (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003497740
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Public-good valuation and intrafamily allocation
Strand, Jon (contributor) - 2004
I derive values of marginal changes in a public good for two-person households, measured alternatively by household member is̕ willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
Persistent link: https://www.econbiz.de/10002523824
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Relative price changes of ecosystem services : evidence from Germany
Heckenhahn, Jonas; Drupp, Moritz A. - 2022
substitutable with manufactured goods and often exhibit considerably lower growth rates. Theory has shown that we should either … is scarce. We provide first comprehensive country-specific evidence, taking Germany as a case study. We estimate growth … studies in Germany. We find that the relative price of ecosystem services has increased by more than four percent per year in …
Persistent link: https://www.econbiz.de/10013168021
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Limited substitutability, relative price changes and the uplifting of public natural capital values
Drupp, Moritz A.; Turk, Zachary; Groom, Benjamin; … - 2024
While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown … empirical evidence has been sparse to put theory into practice. To estimate the relative price change in ecosystem services that …
Persistent link: https://www.econbiz.de/10014551808
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Willingness to pay for private and public improvements of vulnerable road users' safety
Järnberg, Linda Andersson; Andrén, Daniela; … - 2021
Persistent link: https://www.econbiz.de/10012605027