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In this paper we use data from an SP study on flood safety in the Netherlands, and elicit individual preferences for … statistically significant sensitivity to scope, comparing VOSL estimates for the test group in a choice experiment where correlated … risks were present (risks of fatality, injury and evacuation) to an experiment where only fatality risk is valued. We find …
Persistent link: https://www.econbiz.de/10010326401
participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of … illustrated using data from an experiment investigating the value of time and the value of statistical life. We discuss the …
Persistent link: https://www.econbiz.de/10011376457
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In this paper we use data from an SP study on flood safety in the Netherlands, and elicit individual preferences for … statistically significant sensitivity to scope, comparing VOSL estimates for the test group in a choice experiment where correlated … risks were present (risks of fatality, injury and evacuation) to an experiment where only fatality risk is valued. We find …
Persistent link: https://www.econbiz.de/10011256155
Hedonic property value models are often used to place a value on localized amenities and disamenities. In practice, however, results may be affected by (i) omitted variable bias and (ii) whether homebuyers and sellers are aware of, and respond to, the assumed environmental measure. In this paper...
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