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This paper explores the potential of using subjective well-being (SWB) data to valueenvironmental attributes. A theoretical framework compares this method, also known as the lifesatisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As...
Persistent link: https://www.econbiz.de/10009465958
The first chapter demonstrates that although it is possible to design utility functions that behave like empirical well-being, the functional forms relying on income adaptation and social comparisons put forward in the happiness literature fail to receive empirical validation. Under the income...
Persistent link: https://www.econbiz.de/10009476583
Happiness research is a new, rapidly growing and provocative aspect of economic science. In fact, there are now over 1,800 published papers on the subject, and it might be said that the ‘dismal science’ has come to be obsessed with happiness. This research provides a number of interesting...
Persistent link: https://www.econbiz.de/10009448119
Structural system identification methods are analytical techniques for reconciling test data with analytical models. The response data frequently used to compare a finite element model and test data are the eigenvalues of the system. However, eigenvalues alone cannot assure an adequate model....
Persistent link: https://www.econbiz.de/10009435739
Transportation-related decisions of people often depend on what everybody else is doing. For example, decisions about mode choice, route choice, activity scheduling, etc., can depend on congestion, caused by the aggregated behavior of others. From a conceptual viewpoint, this consistency problem...
Persistent link: https://www.econbiz.de/10009436224
cases the desired test conditions necessitate the use of a support structural that introduces dynamics of its own. For such …
Persistent link: https://www.econbiz.de/10009436453
problem as the well studied Cournot Duopoly would be a good starting point. In economics dynamics studies the oligopoly model … dynamics framework through a random matching mechanism of the experimental subjects. From the theoretical perspective many … extended this analysis to unstable dynamics in Cournot duopoly. They used analytical and numerical tools to study the relevance …
Persistent link: https://www.econbiz.de/10009436918
market dynamics simulated in these models include processes that are important in estimating effects of biofuel policies, the …
Persistent link: https://www.econbiz.de/10009437417
’ that comprises measurable elements (dynamics) that may assist in more accurately determining an organisation’s level of … six such dynamics, those of Change, Innovation, Implementation, Culture, Leadership, and Training and Education, which … them to rate the relevancy of the six hypothesised dynamics. In early September 2008, round-one responses were returned …
Persistent link: https://www.econbiz.de/10009438180
New network technologies constantly seek to displace incumbents. Their success depends on technological superiority, the size of the incumbent's installed base, users' adoption behaviors, and various other factors. The goal of this paper is to develop an understanding of competition between...
Persistent link: https://www.econbiz.de/10009438975