Households typically receive utility bills where all electricity use during a fixed period of time is lumped together. The lack of direct feedback in the form of marginal costs of using specific electric appliances reduces the attention people give to their energy consumption and potentially...

The power system is undergoing a drastic transition towards both a high degree of intermittency and sectors requiring more electricity overall, with increasing risks of interruptions and power outages as a result. To decide how much resources to spend on a fully reliable power supply, it is...

We employ a unique field experimental setting to study the spillover effects of social comparisons on energy and water use in the residential sector. We find that electricity use-targeted social comparison induces conservation beyond electricity, leading to substantial reductions in energy use...

This paper estimates the public benefit of preserving 126 000 hectares of old-growth forest in the sub-mountainous region of Sweden through contingent valuation. The primary benefit of this in-situ conservation of biodiversity is the forest’s relative diversity and richness, which provides...

This paper focuses on three important issues in estimating the relationship between WTP and income using contingent valuation: 1) the choice of income measure; 2) the modelling choice; and 3) the social context. Addressing the first two issues, a sensitivity analysis is performed. The results show...

In this paper we analyze the multiple-bounded (MB) format in which uncertainty is directly incorporated into the WTP question. We introduce a new approach to estimate mean and median willingness to pay (WTP) using MB data by allowing respondents to expand their WTP intervals by shifting their...

This paper contributes with an applied policy analysis of the predator preservation <p> policy in Sweden. We estimate the social benefits from preserving the four large <p> predators in Sweden by applying a contingent valuation approach. The vehicle we use <p> to fulfil our objectives is data from a...</p></p></p>

The main objective with this paper is to test the hypothesis that peoples stated WTP for an environmental public good (old growth forest in Sweden) are sensitive to the respondents’ relative income. To do that I use an experimental valuation question in a split-sample setting, conditioning the...