Elasticity of factor substitution is one of the key parameters of any computational general equilibrium model. Despite a wide use of this model in a policy analysis, there are a few estimates of the elasticity, with almost none for transition economies in Europe. To fill this gap, we estimate...

We conducted a contingent valuation survey in Spain and the UK to elicit the WTP for reductions in the mortality risks associated with heat waves. Using two different approaches to communicate heat-related risks, we arrive at very similar VSL figures (€ 2.2 million in Spain and € 2.4 million...

In this paper we utilize discrete choice experiment method to identify and measure switching costs and network effects in mobile telephony in Poland. Based on hypothetical choices consumers make we construct a conditional random parameters multinomial logit model to analyze their preferences. In...