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Data on contestants' choices in Italian Game Show Affari Tuoi are analysed in a way that separates the effect of risk attitude (preferences) from that of beliefs concerning the amount of money that will be offered to contestants in future rounds. The most important issue addressed in the paper...
Persistent link: https://www.econbiz.de/10003924215
This contribution contains an international comparison of preferences. Using two Discrete Choice Experiments (DCE), it measures willingness to pay for health insurance attributes in Germany and the Netherlands. Since the Dutch DCE was carried out right after the 2006 health reform, which made...
Persistent link: https://www.econbiz.de/10008695364
This note discusses the application of segmented multinomial logit models (MNL) for the analysis of discrete choice experiments. It is shown how the segmentation can be achieved by relying on the model-based recursive partitioning framework and how it can be carried out in R. The approach is...
Persistent link: https://www.econbiz.de/10012836738
Many real-life settings of consumer-choice involve social interactions, causing targeted policies to have spillover-effects. This paper develops novel empirical tools for analyzing demand and welfare-effects of policy-interventions in binary choice settings with social interactions. Examples...
Persistent link: https://www.econbiz.de/10012900089
This study explored the view that distributors have towards the most valued wine attributes by consumers in the US market, applying the discrete choice experiments technique. Furthermore, to explore the extent to which the distributors' perspective may reflect consumers' preferences, the results...
Persistent link: https://www.econbiz.de/10013268119
Using a stated choice experiment, we find that a prime that makes environmental identity salient makes people behave greener, whereas it does not if it makes religious identity salient. Further-more, we discover non-linear priming effects for environmental identity, which means that rais-ing the...
Persistent link: https://www.econbiz.de/10012309732
This paper examines the willingness of private financial decision makers to pay for socially responsible investments (SRI). Our empirical analysis is based on unique data from a representative computer-based survey in Germany that especially comprised two stated choice experiments. The...
Persistent link: https://www.econbiz.de/10011567323
Low-quality infrastructure services are persistent in developing countries, a situation mainly affecting the poorest households in contexts of high rates of informal access and heavily subsidized services. This paper exploits choice experiments, specifically designed for formal and informal...
Persistent link: https://www.econbiz.de/10011715694
Despite increasing popularity, quality improvement programs (QIP) have had modest and variable impacts on enhancing the quality of physician practice. We investigate the heterogeneity of physicians’ preferences as a potential explanation of these mixed results in France, where the national...
Persistent link: https://www.econbiz.de/10011586673
Rationale: Data from discrete choice experiments are usually analysed using probit or logit models or random effects extensions of these. These approaches produce estimates of the mean taste weights attributed to the attributes in the experiment by the sampled individuals. Further, if a cost...
Persistent link: https://www.econbiz.de/10014049949