Showing 1 - 10 of 3,031
Discrete-choice experiments, while becoming increasingly popular, have rarely been tested for validity and reliability … differ between experiments, they tend to vary in similar ways, suggesting at least theoretical validity and reliability. …
Persistent link: https://www.econbiz.de/10010315517
issues of potential importance for urban dwellers. The method combines the so-called 'hedonic price' and 'life satisfaction …
Persistent link: https://www.econbiz.de/10010280086
Across the globe there is growing skepticism about the usefulness of GDP as a measure of national well-being. Consequently, several alternative quality-of-life (QOL) measures were developed which either aim at healing the GDP, complementing it, or replacing it. This chapter portrays some of...
Persistent link: https://www.econbiz.de/10010309614
both methods in the field. In doing so, we use the criterion of theoretical validity and measure the degree to which WTP … values are consistent with theoretical expectations. In addition, we analyse the test-retest reliability and stability of our …
Persistent link: https://www.econbiz.de/10010427242
After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of 'hypothetical bias' is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two simple...
Persistent link: https://www.econbiz.de/10010315552
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10011390638
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010291356
This paper looks at the information content of satisfaction scores. It is argued that the information content depends … within one year. This leads to the conclusion that the information content of satisfaction scores accentuates recent changes …-term impact on living conditions. The usefulness of satisfaction scores as an indicator of people's living conditions is discussed. …
Persistent link: https://www.econbiz.de/10011600948
Socio-Economic Panel and estimate the substitution by a CES-utility function of general utility/satisfaction. Given this … unserer Analyse berücksichtigen wir die Bewertung der Bevölkerung mit Daten des Sozio-ökonomischen Panels und schätzen die … Substitution mit einer CES-Nutzenfunktion einer generellen Zufriedenheit. Mit dieser Qantifizierung können wir dann singuläre Zeit …
Persistent link: https://www.econbiz.de/10010290516
may be for the evaluation process. To shed light on this issue, monetary values for a number of health problems are …
Persistent link: https://www.econbiz.de/10010278781