Showing 1 - 10 of 41
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/10010324940
This paper enriches existing valuation literature in a number of ways by presenting context-specific estimates of immaterial damage. First, it offers an estimation of value of statistical life (VOSL) in the context of a natural hazard (flooding). Next, as one of the contributions, alongside with...
Persistent link: https://www.econbiz.de/10010326300
Local policy makers seek ways to deal with abandoned industrial heritage in their jurisdictions. Much is demolished, but in some cases considerable investments are made to preserve the cultural aspects of industrial sites. The renewal plans are usually designed to stimulate urban renewal in the...
Persistent link: https://www.econbiz.de/10010491349
choice experiments. The main interest of this paper is VOSL sensitivity to the valuation of correlated risks (scope effect …). Besides, we explore the role of cognition on the stability of valuation across choice experiments using age and education. We … pool data from multiple choice experiments and apply nested and mixed logit models in our analysis. We confirm …
Persistent link: https://www.econbiz.de/10010326401
Although many researchers have investigated the value of open space in cities, few of them have compared them to the costs of providing this amenity. In this paper, we use the monocentric model of a city to derive a simple cost-benefit rule for the optimal provision of open space. The rule is...
Persistent link: https://www.econbiz.de/10010325786
This paper deals with the issue of regulatory reform in the airline industry, in connection with environmental externalities. Deregulation has led to shorter routes, higher frequencies, probably larger aircraft sizes and more intense peak traffic at airports. In addition, deregulation has led to...
Persistent link: https://www.econbiz.de/10010324459
Substantial differences exist among fuel taxes in various countries. Thesedifferences represent a form of fiscal competition that has undesirable side effects because it leads to cross-borderfuelling and hence to extra kilometres driven.One possible way of solving the problem of low fuel taxes...
Persistent link: https://www.econbiz.de/10010324512
In the paper a nested logit model is used to describe passenger preferencesconcerning airports and airlines. A statistical model for the passengers'sequential choice of airport and airline is calibrated. It appears that thechoice sequence first airport, then airline is statistically preferable...
Persistent link: https://www.econbiz.de/10010324518
We study interaction between the trips of two types of drivers on a two-lane road who differ by their desired speeds. The difference in desired speeds causes congestion, because slow drivers force fast drivers to reduce their speed. An interesting aspect of this type of congestion is that...
Persistent link: https://www.econbiz.de/10010324521
In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare-frequency and airport tax equilibria exist and are...
Persistent link: https://www.econbiz.de/10010324552