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We present a general model of bidding behavior in wildlife corridor auctions. Given (i) some spatial configuration of landowners in a landscape, (ii) the landowners' opportunity costs, and (iii) the value of establishing the corridor, our model predicts individual landowners' bids, overall...
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This paper reports the results of a stated preference study investigating the Willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of non-shopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train-metro-tram station Amsterdam Zuid...
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enrollment is typically low. This is puzzling from the perspective of expected utility theory. To help explain it, this paper … deviations from that price due to risk perception and risk attitude consistent with prospect theory, plus a residual. To apply …
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