Showing 1 - 10 of 318
Pittsburgh residents (n = 209) reported their preferences for voluntary actions, soft regulations, and hard regulations to (a) limit the number of SUVs and trucks and (b) increase green energy use for household energy consumption. These two goals were presented in one of two motivating frames,...
Persistent link: https://www.econbiz.de/10014152351
Strong growth in disposable income has inflated consumption to unprecedented, but not sustainable levels. In this process consumer behavior has been changing. To explain the driving forces of this development, the paper introduces a theory of evolving consumer preferences that is molded in an...
Persistent link: https://www.econbiz.de/10009382899
Environmental policy questions often result in dueling scientific studies. Typically, articles are published in scientific or medical journals that claim exposure to pollution results in increased morbidity or mortality. Critics then respond in scientific or policy journals with claims that the...
Persistent link: https://www.econbiz.de/10014073172
This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...
Persistent link: https://www.econbiz.de/10003892449
In this article we study the implication of thresholds in preferences. To model this we extend the basic model of John and Pecchenino (1994) by allowing the current level of environmental quality to have a discrete impact on how an agent trades o ff future consumption and environmental quality....
Persistent link: https://www.econbiz.de/10009752224
This paper examines paternalistic preferences in large-scale experiments in the U.S. Participants decide whether to intervene to prevent a stakeholder, mistaken about their options, to make a choice that is misaligned with their preferences. We find that the willingness to intervene strongly...
Persistent link: https://www.econbiz.de/10015413288
Luckman et al. (2018) experimentally tested the conjecture that a single model of risky intertemporal choice can account for both risky and intertemporal choices, and under the conditions of their experiment, found evidence supporting it. Given the existing literature, that is a remarkable...
Persistent link: https://www.econbiz.de/10015272966
We investigate heterogeneity in patterns of preferences for health insurance features using choice data from a controlled laboratory experiment. Participants make consecutive insurance choices based on choice sets that vary in composition and size. In addition, we implement a treatment that...
Persistent link: https://www.econbiz.de/10014356517
Politicians, CEOs and various other types of dictators make social choices that influence both their own and others' welfare. When a dictator's preferred alternative differs from recipients', it is unclear which preferences they aggregate and how they determine this set of admissible...
Persistent link: https://www.econbiz.de/10014353493
Having an accurate account of preferences help governments design better policies for their citizens, organizations develop more efficient incentive schemes for their employees and adjust their product to better suit their clients' needs. The plethora of elicitation methods most commonly used...
Persistent link: https://www.econbiz.de/10014319143