Showing 1 - 10 of 20
We use a novel field experiment which jointly tests two implicit assumptions of updating models in a joint framework: that new information leads to new knowledge and that new knowledge can affect economic decisions. In the experiment, we elicit subjects’ prior knowledge state about a good’s...
Persistent link: https://www.econbiz.de/10011220335
The contingent valuation (CV) method uses respondents’ stated choices made in hypothetical situations to infer their preferences for environmental public goods. It enables the general public’s preferences to be stated in monetary terms and hence to estimate the economic value of a change in...
Persistent link: https://www.econbiz.de/10011201859
The treatment of the opportunity cost of travel time in travel cost models has been an area of research interest for many decades. This analysis develops a methodology to combine the travel distance and travel time data with respondent-specific estimates of the value of travel time savings. The...
Persistent link: https://www.econbiz.de/10011201860
This paper considers the role which selfish, moral and social incentives and pressures play in explaining the extent to which stated choices over pro-environment behaviours vary across individuals. The empirical context is choices over household waste contracts and recycling actions in Poland. A...
Persistent link: https://www.econbiz.de/10010789230
This paper compares how increases in experience versus increases in knowledge about a public good affect willingness to pay (WTP) for its provision. This is challenging because while consumers are often certain about their previous experiences with a good, they may be uncertain about the...
Persistent link: https://www.econbiz.de/10010726410
We design and conduct a field experiment in which treated subjects receive a precise and objective signal regarding their knowledge about a public good before estimating their WTP for it. We find that the causal effect of objective signals about the accuracy of a subject׳s knowledge for a...
Persistent link: https://www.econbiz.de/10011043110
The paper investigates spatial heterogeneity of the public’s preferences for the implementation of a new country-wide forest management and protection program in Poland. Spatial econometric methods and high resolution geographical information system (GIS) data related to forest characteristics...
Persistent link: https://www.econbiz.de/10011194323
This paper explores both theoretically and empirically whether or not the willingness to pay (WTP) for pollution control varies with income. Our model indicates that the income elasticity of the marginal WTP for pollution reduction is only constant under very restrictive conditions, which are...
Persistent link: https://www.econbiz.de/10011194324
In this paper we estimate the economic value of selected ecosystem services provided by White Storks in a Polish ‘stork village’. A stork village is a common name for a village with a White Stork breeding colony, often inhabited by more storks than people. Zywkowo, the best known stork...
Persistent link: https://www.econbiz.de/10010551117
There are two major ways in which solid waste can be sorted and recycled – at the household level, when households are required to sort waste into a given number of categories, or in specialized sorting facilities. Traditionally, it has been thought that sorting at the household level is an...
Persistent link: https://www.econbiz.de/10010551118