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This paper establishes an economic theory of information value and volume that differs from Shannon's mathematical … theory of communication (Shannon, 1948). The economics of information should be recognized as an important frontier field of …
Persistent link: https://www.econbiz.de/10011760843
Bundling becomes a dominant sales strategy in telecommunications. Dual and triple-play packages are increasingly popular among subscribers. From operators' perspective, a core issue in bundling design is the knowledge about how consumers value packages. In this paper we focus on elicitation of...
Persistent link: https://www.econbiz.de/10011446907
This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...
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Community-based watershed management has become more predominant as part of the trend towards more holistic and participatory approaches to water resources management. Locally based planning at the watershed scale is seen as an operative way to enhance long-term water resources management and...
Persistent link: https://www.econbiz.de/10011575494
Mortality risk due to water pollution is one of serious problems especially for Asian developing countries. The timing to carry out a policy or project against such a problem is typical debate of Environmental Kuznets Curve hypothesis. With survey data sets in Laos and Vietnam to ask citizens'...
Persistent link: https://www.econbiz.de/10011560143
In this study, we have constructed a valuation model based on the CVM consistent with the TCM, in order to measure the use and the non-use values of environmental goods consistently. And the practicality of our model has been examined, by applying this model to measurement of environmental...
Persistent link: https://www.econbiz.de/10011535317
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