We empirically investigate whether increases in the U.S. Securities and Exchange Commission's (SEC) budget have an effect on firms' compliance behavior with securities market rules. Our study uses a dataset on the SEC's resources and its enforcement actions over a period beginning shortly after...

Recently, early investments in the human capital of children from socially disadvantaged environments have attracted a great deal of attention. Programs of such early intervention, aiming at children's health and well-being, are spreading considerably in the U.S. and are currently tested in...

Efficient and sustainable solutions for offsetting residual emissions via carbon dioxide removal are a major challenge. Proposed removal methods result in trade-offs with other Sustainable Development Goals, and the removal needs of many countries exceed their domestic potentials. Here, we...

Efficient experimental designs aim to maximise the information obtained from stated choice data to estimate discrete choice models' parameters statistically efficiently. Almost without exception efficient experimental designs assume that decision-makers use a Random Utility Maximisation (RUM)...

Land-use conflicts arise if land is scarce, land-use types are mutually exclusive, and vary in their effects with regard to more than one incongruent policy objective. If these effects depend on the spatial location of the land-use measures the conflict can be mediated through an appropriate...

In this paper we investigate the influence of choice task complexity on the propensity to choose the status quo (SQ) alternative in discrete choice experiments. Task complexity is characterized in terms of the design dimensionality systematically varying the number of choice sets, alternatives,...

Ziel der Arbeit ist, den ökonomischen Nutzen wesentlicher Ökosystemleistungen des Waldes in Deutschland in seiner jeweiligen regionalen Verteilung aus Nachfragesicht zu ermitteln und regionale Leistungsschwerpunkte zu identifizieren. Diese Informationen werden zu einem konsistenten Modell...

In this study, we augment the traditional travel cost approach with contingent behavior data for coastal recreation. The objective is to analyze the welfare implications of future changes in the conditions of the Baltic Sea due to climate change and eutrophication. Adding to the literature, we...

This collection presents an updated bibliography of those empirical forest ecosystem service valuation studies in the German speaking countries which relate to demand oriented measures of the utility of public goods. The associated database (which is provided as a separately downloadable...

Purpose: The purpose of this paper is to elicit young economists’ job preferences through the use of a choice experiment (CE). Design/methodology/approach: A CE conducted at a total of five universities in Spain, the Czech Republic and Germany. After estimating a random parameter logit model,...