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The purpose of this study is to estimate the intertemporal income elasticity of the value of travel time (VTT) and test whether it differs from one. The empirical analysis is performed on Swedish revealed preference data, where voluntary job changers' individual wage premium for commuting time...
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This study analyzes stated willingness to pay (WTP) for trafic safety, the use of trafic safety equipments, and the consistency between the two. Using data from a Swedish contingent valuation study we find that the estimated value of a statistical life (VSL) based on the respondents' rear-...
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The European Commission has formally recognised that adequate provision of basic household services, including energy, communications, water and transport, is key to ensuring equity, social cohesion and solidarity. Yet little research has been done on the impact of the reform of these services...
Persistent link: https://www.econbiz.de/10009277278
Monitoring of the environmental impacts of consumption is necessary for the evaluation of current performance and to support the understanding of how initiatives for change can be implemented. We discuss design issues and methodology for an Environmentally Sensitive Shopper (ESS) index to...
Persistent link: https://www.econbiz.de/10010702896
In a travel cost exercise, reported past visits to mount Jaizkibel, a natural area located in the Basque Country (Spain), are compared for convergent validity to stated intended future trips under the assumption that the natural resource's conditions will remain the same. In line with the...
Persistent link: https://www.econbiz.de/10010702924
We study the testability implications of public versus private consumption in collective models of group consumption. The distinguishing feature of our approach is that we start from a revealed preference characterization of collectively rational behavior. Remarkably, we find that assumptions...
Persistent link: https://www.econbiz.de/10010728077