Showing 1 - 10 of 5,375
size. These results indicate substantial welfare losses derived from low-quality electricity services equivalent to over 35 …
Persistent link: https://www.econbiz.de/10011715694
We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro …
Persistent link: https://www.econbiz.de/10013167161
individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a …-estimated the welfare gains immediately following reunification. The prediction error was largest for the young, the poorly educated …
Persistent link: https://www.econbiz.de/10011411452
Modeling consumer choice in different areas has lead to an increase use of discrete choice models. Probit or Multinomial Logit Models are often the base of further empirical research of consumer choice. In some of these models the equations to solve have no closed-form expression. They include...
Persistent link: https://www.econbiz.de/10011342045
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect … unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for … discrete choice that does not suffer from these drawbacks. We first adapt the broad class of individual welfare measures …
Persistent link: https://www.econbiz.de/10012513281
We investigated the impacts of piped water on water quality, sanitation, hygiene and health outcomes in marginalized … group of households to identify gains in water-sanitation, hygiene and health outcomes. We found that the BMDA piped water …
Persistent link: https://www.econbiz.de/10011503129
This contribution contains an international comparison of preferences. Using two Discrete Choice Experiments (DCE), it measures willingness to pay for health insurance attributes in Germany and the Netherlands. Since the Dutch DCE was carried out right after the 2006 health reform, which made...
Persistent link: https://www.econbiz.de/10008695364
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
The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...
Persistent link: https://www.econbiz.de/10010403834