Showing 1 - 10 of 238
This paper presents an empirical verification of the demand price elasticity for piped water in major cities in Poland – it was the main goal of the research. The information concerning the demand reaction to price changes is substantial for sustainable urban water demand. Any prediction of...
Persistent link: https://www.econbiz.de/10011712161
We evaluate the demand for long term care (LTC) insurance prospects in a stated preference context, by means of the results of a choice experiment carried out on a representative sample of the Emilia-Romagna population. Choice modelling techniques have not been used yet for studying the demand...
Persistent link: https://www.econbiz.de/10010312439
The demand for air quality depends on health impacts and defensive investments, but little research assesses the empirical importance of defenses. A rich quasi-experiment suggests that the Nitrogen Oxides (NO<sub>x</sub>) Budget Program (NBP), a cap-and-trade market, decreased NO<sub>x</sub> emissions, ambient ozone...
Persistent link: https://www.econbiz.de/10011649120
In this paper we investigate the demand for local public school expenditures in Sweden using survey data, a method previously never applied to Swedish data. We compare our results to those of earlier US studies, where the same method is used in a different institutional setup. Estimating a...
Persistent link: https://www.econbiz.de/10011571844
We evaluate the demand for long term care (LTC) insurance prospects in a stated preference context, by means of the results of a choice experiment carried out on a representative sample of the Emilia-Romagna population. Choice modelling techniques have not been used yet for studying the demand...
Persistent link: https://www.econbiz.de/10014058207
In this article, we quantify the demand for sustainability at the sovereign level. We do so by estimating a longitudinal model, at the issue level, that captures net demand in sovereign ESG factors for both equity and fixed income markets. In spite of the surging interest in ethical investing,...
Persistent link: https://www.econbiz.de/10013405429
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10010294811
Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten Industrie fällt durch die Einführung von Nachfrageunsicherheit; der Marktpreis steigt wegen des schwächeren Wettbewerbs. Damit ist die Veränderung des Gewinns und des...
Persistent link: https://www.econbiz.de/10010309621
We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility gains from price decreases of equal magnitude. Price...
Persistent link: https://www.econbiz.de/10010398564
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export sales and exporting probabilities but also makes exports less sensitive to trade policy; (ii) the most productive exporters are more affected by higher industry-wide expenditure...
Persistent link: https://www.econbiz.de/10011547934