Showing 1 - 8 of 8
We use a public referendum on a new air traffic concept in Berlin, Germany as a natural experiment to analyze how the interaction of tenure and capitalization effects shapes the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and...
Persistent link: https://www.econbiz.de/10009764375
Persistent link: https://www.econbiz.de/10003379804
methods to disentangle the offsetting noise and accessibility effects of one technology of mass transit, metro rail, analyzing … land prices (house prices) by 21% (5%), while a 10 db increase in noise depreciates land prices (house prices) by 5% (1 …%). We show that these effects are underestimated by 40% (access) to 80% (noise) if they are not estimated conditional on …
Persistent link: https://www.econbiz.de/10011523729
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … to assess the intangible damage. We assess the monetary value of the noise damage, caused by aircraft noise nuisance … compensation scheme depends on, among other things, the objective noise level, income, the degree to which prices account for noise …
Persistent link: https://www.econbiz.de/10011402503
difficult. We show that individuals systematically (and mistakenly) blame accidental negative shocks (noise) to the deliberate … intent of individuals (bias). This "victimhood bias" wherein individuals ascribe noise to bias is much larger for (a … suggest that insurance agreements that limit negative shocks and reduce noise, can encourage reconciliation by mitigating …
Persistent link: https://www.econbiz.de/10013285857
Noise pollution is detrimental to health and to cognitive development of children. This is not only true for extreme … levels of noise in the neighborhood of an airport but also to traffic noise in urban areas. Using a census of preschool … children, we show that children who are exposed to intensive traffic noise significantly fall behind in terms of school …
Persistent link: https://www.econbiz.de/10011587530
We assess how survey expectations impact production and pricing decisions on the basis of a large panel of German firms. We identify the causal effect of expectations by matching firms with the same fundamentals but different views about the future. The probability to raise (lower) production is...
Persistent link: https://www.econbiz.de/10012001909
We provide experimental evidence that core intertemporal choice anomalies - including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations - are driven by complexity rather than time or risk preferences. First, all anomalies also arise in...
Persistent link: https://www.econbiz.de/10014247072