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The subjective value of time is the marginal rate of substitution between travel time and travel cost under constant … utility or profit level. It is commonly referred to as the monetary appraisal of value of time or the willingness to pay for … savings in travel time. This study proposes methods to measure the true value of time from observable demand functions …
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The present paper describes the construction and first empirical application of the SUSTRUS model (the name of the model refers to "Sustainable Russia"). This model will be the main result of the same-named EU funded project. The SUSTRUS model belongs to the group of regional CGE models, applied...
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value of the time stream of Equivalent Valuation for the time stream of utility change due to the initial condition change … that the second stage immediately takes place at the disaster time, therefore, the first stage does not happens. Also …
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economics like risk and time preferences, trust, or reciprocity, which play an important role for the explanation of indi …-cantly negatively correlated with environmental values, respectively. Only risk and time preferences (also measured in an incentivized …
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