Showing 1 - 10 of 62
This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the...
Persistent link: https://www.econbiz.de/10010929626
For many years, stated preference researchers have been interested in the effects of information on willingness to pay for environmental goods. Within the random utility model, information about an environmental good might impact on preferences and on scale (error variance), both between and...
Persistent link: https://www.econbiz.de/10010551122
This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the...
Persistent link: https://www.econbiz.de/10011084747
The assumption of the stability of preferences is a fundamental one in the theory of the consumer. Many papers within the stated preferences literature have tested this assumption, and have found mixed results. Individuals may become more sure of their preferences as they repeat a valuation task...
Persistent link: https://www.econbiz.de/10010929630
The assumption of the stability of preferences is a fundamental one in the theory of the consumer. Many papers within the stated preferences literature have tested this assumption, and have found mixed results. Individuals may become more sure of their preferences as they repeat a valuation task...
Persistent link: https://www.econbiz.de/10011084746
How the valuation of environmental goods is related to income is a key question for economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the estimated value of environmental goods from a study to a policy site - a...
Persistent link: https://www.econbiz.de/10011881950
How the valuation of environmental goods is related to income is a key question for economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the estimated value of environmental goods from a study to a policy site - a...
Persistent link: https://www.econbiz.de/10011881752
How income and the valuation of environmental goods are related is a key question for science and policy, but the role of income inequality is often neglected. This paper studies how income inequality impacts the international transfer of environmental values-a practice called value or benefit...
Persistent link: https://www.econbiz.de/10011630957
How the valuation of environmental goods is related to income is a key question for environmental economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the valuation of environmental goods - a practice called value...
Persistent link: https://www.econbiz.de/10011689635
Gains from the incorporation of monetary values for changes in environmental goods and services within cost-benefit analysis depend on how well researchers can estimate these values. One key problem in both stated and revealed preference approaches is how best to model preference heterogeneity....
Persistent link: https://www.econbiz.de/10010935071