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In the wake of the economic downturn, economic uncertainty is roughly double that of the past 23 years. Research … indicates married couples are uncertain about finances and financial uncertainty can adversely affect individual and relational … outcomes, yet little is known about the nature of financial uncertainty and how it is manifested. Thus, this investigation …
Persistent link: https://www.econbiz.de/10011154697
This paper examines the influence of implicit information on willingness to pay (WTP) values for prevention of the risk of dying in an avalanche. We present the results of a contingent valuation (CV) study carried out in Austria in two different periods (fall 2004 and winter 2005). The...
Persistent link: https://www.econbiz.de/10010293396
Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for valid measures of economic preferences. In a contingent valuation (CV) study conducted in Austria, 1,005 respondents were asked their willingness to pay (WTP) for preventing an...
Persistent link: https://www.econbiz.de/10010293410
This paper reports the results from a contingent valuation study designed to investigate the influence of warm glow in willingness-to-pay responses. Interindividual differences in warm glow motivation are measured through a factor analysis, performed on a list of attitudinal items. The reported...
Persistent link: https://www.econbiz.de/10011608835
This paper provides an assessment of the economic value of the oceanographic services provided by the Mediterranean operational forecasting system, MFSTEP. The main purpose of this exploratory study is to carry out a cost-benefit analysis for different development scenarios, by comparing the...
Persistent link: https://www.econbiz.de/10010312353
We use contingent valuation to elicit WTP for a reduction in the risk of dying for cardiovascular and respiratory causes, the most important causes of premature mortality associated with heat wave and air pollution, among the Italian public. The purpose of this study is three-fold. First, we...
Persistent link: https://www.econbiz.de/10010312453
Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for valid measures of economic preferences. In a contingent valuation (CV) study conducted in Austria in February 2005 1,005 respondents were asked their willingness to pay (WTP) for...
Persistent link: https://www.econbiz.de/10010312457
Although attractive in terms of its incentive compatibility, the standard single bound (SB) dichotomous choice technique for eliciting willingness to pay (WTP) responses in contingent valuation surveys has a major drawback in terms of its low statistical efficiency. While alternatives such as...
Persistent link: https://www.econbiz.de/10010319011