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. In the experiment, the respondents are confronted with a range of location-sharing conditions set by a navigation … from using basic satellite navigation without location-based functionalities is estimated at 8.06 EUR per month. Adding …Digital maps and navigation applications are considered an essential tool by 70% of smartphone users. As these apps …
Persistent link: https://www.econbiz.de/10012424356
Ziel dieses Papers ist es, im Hinblick auf die in Deutschland geplante Einführung eines Qualitätsanreizsystems bei Elektrizitätsnetzbetreibern, eine geeignete Methode für die hierfür notwendige Bewertung der Netzzuverlässigkeit gleichbedeutend mit den wohlfahrtswirksamen Stromausfallkosten...
Persistent link: https://www.econbiz.de/10003850476
We evaluate the welfare effects of the Roam-Like-At-Home regulation, which drastically re-duced the price of accessing the mobile internet for EU residents when traveling abroad in the European Economic Area. Estimates from individual-level usage data suggest that consumer surplus increased by...
Persistent link: https://www.econbiz.de/10012888496
Constantly rising expenditures for pharmaceuticals require government intervention in firms' pricing decisions. To this end, reference pricing systems are a frequently employed regulatory mechanism. This paper considers a duopoly market with vertically differentiated firms under different...
Persistent link: https://www.econbiz.de/10011976973
Persistent link: https://www.econbiz.de/10001593942
There is growing interest in discrete-choice experiment (DCE) as a method to elicit consumers' preferences in the health care sector. Increasingly this method is used to determine willingness to pay (WTP) for health-related goods. However, its external validity in the health care domain has not...
Persistent link: https://www.econbiz.de/10001807302
The Random Utility Model (RUM) is a workhorse model for valuing new products or changes in public goods. But RUMs have been faulted along two lines. First, for including idiosyncratic errors that imply unreasonably high values for new alternatives and unrealistic substitution patterns. Second,...
Persistent link: https://www.econbiz.de/10015171628
In this paper we use Bayes estimates of a multinomial probit model with fully flexible substitution patterns to forecast consumer response to ultra-low-emission vehicles. In this empirical application of the probit Gibbs sampler, we use stated-preference data on vehicle choice from a...
Persistent link: https://www.econbiz.de/10009510145
Previous literature on the distribution of willingness to pay has focused on its heterogeneity distribution without addressing exact interval estimation. In this paper we derive and analyze Bayesian confidence sets for quantifying uncertainty in the determination of willingness to pay for carbon...
Persistent link: https://www.econbiz.de/10009787468
In recent years, consumer choice has become an important element of public policy. One reason is that consumers differ in their tastes and needs, which they can express most easily through their own choices. Elements that strengthen consumer choice feature prominently in the design of public...
Persistent link: https://www.econbiz.de/10009656193