Showing 221 - 230 of 283
An impure public good is a commodity that combines public and private characteristics in fixed proportions. Green goods such as dolphin-friendly tuna or green electricity programmes provide increasingly popular examples of impure public goods. We design an experiment to test how the presence of...
Persistent link: https://www.econbiz.de/10014211186
We devise and execute three experiments to test key features of models of household decision-making. Using established couples (married and unmarried) we test income pooling, unanimity and Pareto efficiency. Subjects make choices individually and jointly and are asked to make predictions about...
Persistent link: https://www.econbiz.de/10014217792
Using a sample of established couples, we conduct an experiment on household decision-making. Individual partners first make a series of dichotomous choices between household goods and vouchers for experiences and then the couple jointly face the same choices. A random lottery device is used to...
Persistent link: https://www.econbiz.de/10014218613
We examine the feasibility of using a massively multiplayer online role-playing game (MMORPG) to test economic theories. As a test vehicle we use the well-known hypothesis about the relationship between market experience and the endowment effect. Our results confirm earlier field experiments...
Persistent link: https://www.econbiz.de/10014221092
We test core theories of the household using variants of a public good game and experimental data from 240 couples in rural Uganda. Spouses do not maximise surplus from cooperation and realise a greater surplus when women are in charge. This violates assumptions of unitary and cooperative...
Persistent link: https://www.econbiz.de/10014221279
Decision-makers have a wide variety of competing and complementary methods for non-market valuation, but there is little formal advice on the choice of method. I offer a formal approach, using a loss function (the mean square error) to compare contingent valuation, Citizens' Jury and methods...
Persistent link: https://www.econbiz.de/10014225420
In recent years experimental economists have explored intra-household decision-making, particularly in the context of developing economies. Both 'lab-in-the-field' and 'sandbox' style experiments have been conducted, changing our understanding of how households make decisions. This survey...
Persistent link: https://www.econbiz.de/10014254280
Standard practice in stated preference typically blurs the distinction between household and individual responses. However, there is some theoretical debate regarding the appropriate approach. To date there have been no empirical tests of whether values for say a two adult household elicited by...
Persistent link: https://www.econbiz.de/10014053595
Persistent link: https://www.econbiz.de/10013355452
Japan is amongst those countries known for long hours and inflexible working culture that makes it difficult to pursue work-life balance. The question is what aspects of job market flexibility are most valuable to Japanese women and men and to what extent these values are driven by feelings of...
Persistent link: https://www.econbiz.de/10014358816