This paper presents a numerical examination of sustainability from the perspective of 'genuine savings', using a dataset provided by the World Bank. Unlike previously-used criteria of sustainability that focus on observed paths of genuine savings rates, we consider future sustainability by...

This paper investigates institutional factors affecting the performance of genuine savings (GS), which is often used in assessing sustainable development, adopting a model of autoregressive conditional heteroscedasticity in mean. We pay particular attention to the contribution of institutions to...

This paper investigates the path of genuine saving (GS) based on the perspectives of average, trend and stability. The theoretical basis of GS can be seen in several studies, such as Arrow et al. (2003) and Dasgupta (2004); its database has been developed by the World Bank. With these...

We investigate people's dierent conceptions of the economic term consump- tion when comparing with others. An Internet-based hypothetical discrete choice experiment was conducted with Japanese participants. As in other relative income comparison studies, we found that own consumption and own...

We propose a new avenue for studying income comparisons effects, namely hypothetical discrete choice experiments in which respondents are presented with alternative combinations of hypothetical monthly income amounts, both for themselves and certain reference persons. With this experimental...

With the recent diffusion of broadband (BB) services, Internet protocol (IP) telephony is expected to spread significantly in Japan. This article investigates the demand for IP telephony by using conjoint analysis. Projecting IP telephony demand also contributes to Japanese info-communication...

Various indicators have been developed to assess the sustainability of countries. However, whether it is possible to include institutions as an element of the sustainability index remains theoretically and practically unclear. One of the main challenges is the substantial missing data problem....

Since the March 11 earthquake, Japanese households have been facing a trade-off problem between decreasing dependency on nuclear power generation and avoiding an increase in electricity rates. We analyze this inner conflict quantitatively, adopting two economic–psychological approaches: First,...

This paper investigates the effect of shadow price regarding weak sustainability indicators based on the genuine savings indicator. We analyse the forest resources considering positive externalities of natural capital, as the approximation from market rent alone would under-estimate the true...