A growing global focus on environmental concerns, in particular the role of carbon emissions in global warming, has created an atmosphere where attitudes towards the environment are a pre-eminent focus. In particular, the role of the motor vehicle in climate change has become increasingly...

Choice behaviour might be determined by asymmetric preferences whether the consumers are faced with gains or losses. This paper investigates loss aversion and diminishing sensitivity, and analyzes their implications on willingness to pay and willingness to accept measures in a reference pivoted...

In the stated choice literature, increasing attention has been paid to methods that seek to close the gap between the choices from these experiments and the choices experienced in the real world. Attempts to produce model estimates that are truer to real market behaviours are especially...