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This article presents the results of an experiment designed to test theoretical predictions about the impact of public compensation schemes and ambiguity on insurance and self-insurance decisions. Consistent with theory, we find that government assistance significantly reduces willingness to pay...
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Based on a survey of the French population, this study investigates (a) differences in consumers' willingness to pay (WTP) for the provision of forest ecosystem services (FES) between a tax-based and a donation-based payment for ecosystem services (PES) scheme, and (b) their preferences...
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