Showing 1 - 10 of 67
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
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/10014170201
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
Unreliable travel times cause substantial costs to travelers. Nevertheless, they are not taken into account in many cost-benefit-analyses (CBA), or only in very rough ways. This paper aims at providing simple rules on how variability can be predicted, based on travel time data from Dutch...
Persistent link: https://www.econbiz.de/10010325956
Theoretical and empirical studies of consumer scheduling behavior in commuting, and the associated valuation of time and schedule delays usually ignore that consumers have more exibility to adjust their schedule in the longer run than in the shorter run, implying that also these valuations may...
Persistent link: https://www.econbiz.de/10013117239
A common way to determine values of travel time and schedule delay is to estimate departure time choice models, using stated preference (SP) or revealed preference (RP) data. The latter are used less frequently, mainly because of the di fficulties to collect the data required for the model...
Persistent link: https://www.econbiz.de/10014041912
This paper studies urban sustainability from the perspective ofexternalities. We develop a general spatialequilibrium model of a monocentric city, in which two types ofexternalities occur. On the one hand, pollution inthe industrial centre leads to a spatially differentiateddeterioration of the...
Persistent link: https://www.econbiz.de/10010324394