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An elicitation format prevalently applied in discrete choice experiments (DCEs) offers each respondent a sequence of choice tasks. Each choice task contains more than two choice options. Empirical evidence shows, however, that repeated choice tasks influence choice behaviour through...
Persistent link: https://www.econbiz.de/10008693236
Price floors in greenhouse gas emissions trading schemes can have advantages for technological innovation, price volatility, and management of cost uncertainty. Implementing the schemes, however, has pitfalls. This research report argues that requiring firms to pay an extra fee or tax is the...
Persistent link: https://www.econbiz.de/10008693239
This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from non-cooperative game theory, cooperative game theory, and implementation theory. Solutions to games where players have a continuous choice...
Persistent link: https://www.econbiz.de/10008693240
Adaptation of natural and human systems to climate change is receiving increased attention. The academic literature covers a wide spectrum of perspectives. Policy considerations, on the other hand, are largely driven by techno-scientific considerations. In particular, these include a...
Persistent link: https://www.econbiz.de/10008693241
Survey data from over 1,600 households in ten countries were used to analyse the determinants of residential water demand. Results show that in every country the price elasticity is negative and statistically significant. Households that do not have to pay for the water they use (volumetric...
Persistent link: https://www.econbiz.de/10008693242
Policy makers are confronted daily with uncertainty, especially in complex areas like biosecurity. One way to improve decision-making and reduce uncertainties is to collect more information. Information is costly – whether the value of improved decision-making justifies the cost is a...
Persistent link: https://www.econbiz.de/10008693244
The key tasks in the design of a choice modelling (CM) experiment are to define the scope, scale and frame of the tradeoffs presented to respondents. This study explores the scale and scope of choice tasks and then develops definitions of these terms. The scope of a good in a stated preference...
Persistent link: https://www.econbiz.de/10008693245
Choice experiments (CE) are increasingly used as a stated preference technique to value changes in non-market goods. Respondents to a CE survey are asked to make repeated choices between alternatives. Each alternative is described by a number of attributes – the attributes levels vary across...
Persistent link: https://www.econbiz.de/10008693246
The relative cost of carbon emissions reductions across regions depends on whether we measure cost by marginal or total cost, private or economy-wide cost, and using market or purchasing power parity exchange rates. If all countries are on the same marginal carbon abatement cost curve then lower...
Persistent link: https://www.econbiz.de/10008693247
The aim of this study is to measure and understand the long-term factors behind trends in energy and carbon intensity in different economies. It also looks at how improvements in energy efficiency are spread to countries around the world. Of particular interest is the rate at which efficiency...
Persistent link: https://www.econbiz.de/10008693248