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Non-marginal cost-benefit analysis and the tyranny of discounting

Vermeylen, Koen - 2013

This paper uses the Kaldor-Hicks compensation principle to compute the present value (PV) of a non-marginal future event. Three theoretical results stand out: First, decreasing returns to capital create a wedge between the PV of future generations' willingness to pay (WTP) and the PV of their...

Persistent link: https://www.econbiz.de/10010227375

Indirect welfare effects of price changes and cost-benefit analysis

Rouwendal, Jan - 2002

The effects of a policy measure often reach the consumer only after one or more intermediatesteps, for instance because the measure lowers the cost of an input for an industry producinga consumer good. This paper is concerned with the question how to measure such indirect effectscorrectly under...

Persistent link: https://www.econbiz.de/10011325968

The economics of participatory value evaluation

Dekker, Thijs; Koster, Paul; Mouter, Niek - 2019

This paper develops a novel approach to the economic evaluation of public policies: participatory value evaluation (PVE). PVE involves citizens directly in decisions of the government, taking into account governmental and individual budget constraints. Citizens receive reliable information on...

Persistent link: https://www.econbiz.de/10011960504

HIV/AIDS, risk aversion and intertemporal choice

Lammers, Judith; Wijnbergen, Sweder van - 2008 - Rev.

This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conduEted among students in South Africa to estimate risk and time preferences. These experimental data, based on muitiple price lists developed by...

Persistent link: https://www.econbiz.de/10011373818

The bias of the Gini coefficient due to grouping : revisiting first order corrections

Van Ourti, Tom; Clarke, Philip M. - 2008

Persistent link: https://www.econbiz.de/10003774506

Survey non-response and unemployment duration

Berg, Gerard J. van den; Lindeboom, Maarten; Dolton, … - 2004

Persistent link: https://www.econbiz.de/10002200793

An inexact science : accounting for measurement error and downward bias in mode and location choice models

Donovan, Stuart; Graaff, Thomas de; Groot, Henri L. F. de - 2023

Using commuting data for Brisbane, Australia, we find that accounting for measurement error in travel times causes the magnitude of parameters in mode and location choice models to increase approximately three-fold and 30-40%, respectively. Errors appear to be somewhat systematic, with travel...

Persistent link: https://www.econbiz.de/10014233393

Survey non-response and unemployment duration

Berg, Gerard J. van den; Lindeboom, Maarten; Dolton, … - 2004

bias. We study this by using a data set that combines survey information of individual workers with administrative records … survey respondents and non-respondents. We develop a method to distinguish empirically between two explanations for a bias in … both explanations. We discuss implications for standard methods to deal with non-response bias. …

Persistent link: https://www.econbiz.de/10011338006

Airline route structure competition and network policy

Silva, Hugo Emilo; Verhoef, Erik T.; Berg, Vincent A. … - 2013

This paper studies whether a regulator needs to correct the route structure choice by carriers with market power in the presence of congestion externalities, in addition to correct their pricing. We account for passenger benefits from increased frequency, passenger connecting costs, airline...

Persistent link: https://www.econbiz.de/10010225784

The effect of railway travel on urban spatial structure

Dröes, Martijn I.; Rietveld, Piet - 2014

We examine the effect of railway travel on urban spatial structure in a polycentric urban land use model. We focus on the role of access to the railway network. We find that if the number of train stations is limited, the degree of urbanization is higher around train stations, but the effect of...

Persistent link: https://www.econbiz.de/10010348424