Agri-environmental programs in Japan have generally been promoted through the provision of fixedpayments for certain environment-friendly farming and management practices. However, the auctioning of agrienvironmentalcontracts is a noteworthy alternative for the furtherance of such programs....

This dissertation investigates the latent but critical effects of risk attitude oncompetitive success in construction applying an evolutionary approach. The approachconsiders contractors as individual entities competing with each other for common jobopportunities, and competition as an...

This dissertation, which consists of three essays, studies online auctions boththeoretically and empirically.The first essay studies a special online auction format used by eBay, “Buy-It-Now” (BIN) auctions, in which bidders are allowed to buy the item at a fixed BINprice set by the seller...

Sowohl Ernteversicherungen als auch „Wetterderivate“ sind neuartigeRisikomanagementinstrumente, die eine Absicherung gegen Schäden aus nichtkatastrophalenWetterereignissen ermöglichen, in Deutschland aber bisher nicht verbreitet sind. Imvorliegenden Beitrag wird mit Hilfe eines...

Die kumulative Habilitationsschrift setzt sich aus acht Publikationen und zwei eingereichten Artikeln zusammen, die umweltökonomische und energiewirtschaftliche Forschungsthemen behandeln. Der gemeinsame thematische Hintergrund der Einzelbeiträge besteht in der Analyse von...

We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how...

In models with unobserved taste heterogeneity, distributional assumptions can be placed in two ways: (1) by specifying the distribution of coefficients in the utility function and deriving the distribution of willingness to pay (wtp), or (2) by specifying the distribution of wtp and deriving the...

Based on a large-scale survey conducted in 11 large and small eastern cities in 2002, this study employs ordered probit models to estimate the effects of demographic and socio-economic variables on the likelihood of biotech food acceptance in China. This study also employs a dichotomous choice...

In a static setting, willingness to pay for an environmental improvement is equal to compensating variation. However, in a dynamic setting characterized by uncertainty, irreversibility, and the potential for learning, willingness to pay may also contain an option value. In this paper, we...