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This paper considers the role which selfish, moral and social incentives and pressures play in explaining the extent to which stated choices over pro-environment behaviours vary across individuals. The empirical context is choices over household waste contracts and recycling actions in Poland. A...
Persistent link: https://www.econbiz.de/10010939289
Modern macroeconomic theory utilises optimal control techniques to model the maximisation of individual well-being using a lifetime utility function. Agents face choices over current and future consumption (with resultant implied savings decisions) seeking to maximise the present value of...
Persistent link: https://www.econbiz.de/10010940505
This paper develops a model of demand estimation in which consumers learn about their true preferences through consumption experiences. We develop a theoretical model of Bayesian updating, perform comparative statics over the model, and show how the theoretical model can be consistently...
Persistent link: https://www.econbiz.de/10011010136
For many years, stated preference researchers have been interested in the effects of information onwillingness to pay for environmental goods. Within the random utility model, information about anenvironmental good might impact on preferences and on scale (error variance), both between andwithin...
Persistent link: https://www.econbiz.de/10011010137
This paper considers farmers willingness to pay (WTP) to conserve an endangered Irish farmland bird, the Corncrake (Crex crex). An Irish National Farm Survey (NFS) is used to produce individual farm-level WTP estimates for the year 2006. These figures are then aggregated to obtain a total value...
Persistent link: https://www.econbiz.de/10005368962
In contingent valuation, despite the fact that many externalities manifest themselves as costs to some and benefits to others, most studies restrict willingness to pay to being non-negative. In this paper, we investigate the impact of allowing for negative, zero and positive preferences for...
Persistent link: https://www.econbiz.de/10005368963
This paper considers the use of spatial microsimulation in the aggregation of regional environmental benefit values. The developed spatial microsimulation model uses simulated annealing to match the Irish Census of Agriculture data to a Contingent Valuation Survey that contains information on...
Persistent link: https://www.econbiz.de/10005368966