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According to rational choice theory, preference orderings should be invariant with respect to the elicitation procedure. The contingent trade-off model (Tversky et al., 1988), however, argues that if an attribute of decision alterna-tives is also used as response mode (scale compatibility), then...
Persistent link: https://www.econbiz.de/10011301619
Persistent link: https://www.econbiz.de/10010318322
This paper adds to the scarce empirical evidence related to the impact of climate change on the manufacturing sector. To study the effect of temperature on energy use and CO2 emissions daily temperature information from 11.000 German municipalities are combined with the census of the...
Persistent link: https://www.econbiz.de/10012623119
This paper is among the first to link internal migration and subjective well-being in developed countries. Economic theory predicts that individuals migrate towards urban agglomerations, if the potential gain in income is sufficient to cover costs. However, this narrow view cannot explain why...
Persistent link: https://www.econbiz.de/10010396771