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Stated preference methods using surveys to elicit willingness to pay have been shown to suffer from hypothetical bias and scope/scale bias. Hypothetical bias usually means that willingness to pay is exaggerated in the hypothetical scenario and scope/scale bias means that there is an...
Persistent link: https://www.econbiz.de/10005051637
economic theory and empirical treatment of uncertainty through certainty calibration. We use a combination of dichotomous …
Persistent link: https://www.econbiz.de/10012654340
economic theory and empirical treatment of uncertainty through certainty calibration. We use a combination of dichotomous …
Persistent link: https://www.econbiz.de/10005644780
The Value of a Statistical Life (VSL) is a widely used measure of the value of mortality risk reduction. Since VSL should reflect preferences and attitudes to risk, there are reasons to believe that it varies depending on the type of risk involved. It has been argued that cancer should be...
Persistent link: https://www.econbiz.de/10013208765
In this paper, we develop a North-South endogenous growth model to examine thrThe potential for a number of common but severe biases in stated preference method surveys being gender dependent has been largely overlooked in the literature. In this paper we summarize results from three Choice...
Persistent link: https://www.econbiz.de/10012100950
In this paper, we develop a North-South endogenous growth model to examine thrThe potential for a number of common but severe biases in stated preference method surveys being gender dependent has been largely overlooked in the literature. In this paper we summarize results from three Choice...
Persistent link: https://www.econbiz.de/10009147465
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
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/10005385339
This study examines the effect on respondents' willingness to pay to reduce mortality risk by the order of the question in a stated preference study. Using answers from an experiment conducted on a Swedish sample where respondents' cognitive ability was measured and where they participate in a...
Persistent link: https://www.econbiz.de/10012654353
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