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A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...
Persistent link: https://www.econbiz.de/10014454771
Soil tests provide information that can help farmers to reduce costs, increase yields and profits, and contribute to sustainable soil health, yet they are rarely used. In this study, we elicit small-scale farmers' willingness-to-pay (WTP) for rapid, low-cost soil tests using incentive-compatible...
Persistent link: https://www.econbiz.de/10015125165
Using a revealed preference approach applied to administrative data from Washington we document that workers have limited discretion over hours at a given employer, there is substantial mismatch between workers who prefer long hours and employers that provide short hours, and hour constraints...
Persistent link: https://www.econbiz.de/10015075873
in Southern Germany), in which the French occupation zone prevented the entry of German expellees after 1945, whereas the …
Persistent link: https://www.econbiz.de/10012293729
We examine how cross-community cost or benefit spillovers, arising from the consumption of group-specific public goods, affect both inter-group conflicts over the appropriation of such goods and decentralized private provision for their production. Our model integrates production versus...
Persistent link: https://www.econbiz.de/10012295566
Persistent link: https://www.econbiz.de/10001829708
underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany …
Persistent link: https://www.econbiz.de/10012801411
Various studies have shown that temporary workers participate less in training than those on permanent contracts. Human resources practices are considered to be an important explanation for this difference. We develop a theoretical framework for employers' provision of training that explicitly...
Persistent link: https://www.econbiz.de/10012519108
This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...
Persistent link: https://www.econbiz.de/10009787341
Economists often analyze cross-sectional data to estimate the value people implicit place on attributes of goods using hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals' willingness-to-pay (WTP) for changes in attribute...
Persistent link: https://www.econbiz.de/10008688857