Showing 1 - 10 of 238
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
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
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
Persistent link: https://www.econbiz.de/10003774506
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
Persistent link: https://www.econbiz.de/10002200793
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
In this study we have analysed policy interactions between an urban and a regional government which have different objectives (welfare of its own citizens) and two policy instruments (toll and capacity) available. Using a simulation model, we investigated the welfare consequences of the various...
Persistent link: https://www.econbiz.de/10011349179
This study models the choices of Dutch railway users (aggregated at the 4 digit post code area) for access mode and departure railway stations. For each post code area a set of four access modes: car, public transport, bicycle and walking and a set three departure railway stations are...
Persistent link: https://www.econbiz.de/10011350360
Railway networks are characterised by variations in demand on different links. Optimal strategies therefore call for a differentiated treatment of fares, frequencies and vehicle sizes in various links. However, for several reasons, railway operators may apply uniform levels for these decision...
Persistent link: https://www.econbiz.de/10011350362