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Individuals’ preferences for risk and inequality are measured through experimental choices between hypothetical societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality aversion, is between 2 and 3. We also estimate the individual inequality...
Persistent link: https://www.econbiz.de/10005190964
In this paper we study a group of policies aimed at discouraging the use of private transportation during peak hours, both directly and indirectly, by increasing the attractiveness of the only available substitute, the bus. This is done using a choice experiment constructed to find the answer to...
Persistent link: https://www.econbiz.de/10005207240
This paper examines the concern for relative standing among rural households in China. We use a survey-experimental method to measure to what extent poor Chinese farmers care about their relative income and find that the respondents care to a high degree. Compared to previous studies in...
Persistent link: https://www.econbiz.de/10005207245
Between 1997 and 2005, 5.2 billion USD were invested to reduce cocaine production in Colombia, the world’s main cocaine producer. However, little is known about the effectiveness of policies targeting coca cultivation, this paper evaluates the effects of the two main policies: eradication and...
Persistent link: https://www.econbiz.de/10005207246
This paper analyzes the marginal willingness to pay for changes in noise levels related to changes in the volume of flight movements at a city airport in Stockholm, Sweden,by using a choice experiment. When estimating marginal willingness to pay for different times of the day and days of the...
Persistent link: https://www.econbiz.de/10005207272
The aim of the paper is to quantify individual willingness-to-pay measures of improved air quality in Sweden by using the Contingent Valuation Method (CVM). Such measures are important for policy makers when deciding about public investments and policy instruments in order to regulate...
Persistent link: https://www.econbiz.de/10009205243
Many economic decisions are made jointly within households. Running an experiment on intertemporal choice, we investigate the relative influence of spouses on joint household decisions. We let each spouse first decide individually and then jointly with the other spouse. We propose the use of a...
Persistent link: https://www.econbiz.de/10010594590
Although in-situ conservation is increasingly considered an efficient way of conserving plant genetic resources, little is known about the incentives and constraints that govern conservation decisions among small farm holders in developing countries. Using a choice experiment approach, we...
Persistent link: https://www.econbiz.de/10010541871
Various decentralization experiments are currently underway in the Chinese forestry sector. However, a key question often ignored by researchers and policymakers addresses what farmers really want from reform. This paper uses a survey-based choice experiment to investigate farmers’ preferences...
Persistent link: https://www.econbiz.de/10010541901
This paper examines the concern for relative standing among rural households in China. We used a survey-experimental method to measure to what extent poor Chinese farmers care about their relative income and found that the respondents cared to a high degree. Compared to previous studies in...
Persistent link: https://www.econbiz.de/10010541906