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skewness. Since a comprehensive theory of hypothetical bias has not been developed, we use a set of explanatory variables based … bias. Results are quite sensitive to model specification, which will remain a problem until a comprehensive theory of …
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having experienced them for one month. We find that SC leads to a reduction in water use per shower by 9.4%, RTF by 28 …
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familiar good (drinking water quality) combines a split sample treatment of the presence/absence of advanced awareness with a … ; ordering ; WTP ; drinking water ; mixed logit ; heterogeneous preferences …
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Altruistic preferences of various forms may cause difficulties in welfare economics. In the valuation of public goods, such preferences are believed to help explain the substantial non-use values found in many stated preference (SP) valuation surveys. However, studies analysing the effect of...
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