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  1. A replication of Pindyck’s willingness to pay
    on the sacrifice needed to obtain results
    Autor*in: Gerotto, Luca; Pellizzari, Paolo
    Erschienen: November 1, 2017
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2017, no. 27
    Schlagworte: Replication; environmental policy; climate change; economic impact; willingness to pay
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  2. Alternative models of preference heterogeneity for elicited choice probabilities
    Autor*in: Kettlewell, Nathan; Walker, Matthew J.; Yoo, Hong Il
    Erschienen: February 2024
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Discrete choice experiments (DCEs) often present concise choice scenarios that may appear incomplete to respondents. To allow respondents to express uncertainty arising from this incompleteness, DCEs may ask them to state probabilities with which... mehr

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    Discrete choice experiments (DCEs) often present concise choice scenarios that may appear incomplete to respondents. To allow respondents to express uncertainty arising from this incompleteness, DCEs may ask them to state probabilities with which they expect to make specific choices. The workhorse method for analyzing the elicited probabilities involves semi-parametric estimation of population average preferences. Despite flexible distributional assumptions, this method presents challenges in estimating unobserved preference heterogeneity, a key element in non-market valuation studies. We introduce a fractional response model based on a mixture of beta distributions. The model enables researchers to uncover preference heterogeneity under comparable parametric assumptions as adopted in conventional choice analysis, and can accommodate multiplicative forms of heterogeneity that make the semi-parametric method inconsistent. Using a DCE on alternative fuel vehicles, we illustrate the complementary roles of the parametric and semi-parametric approaches. We also undertake a separate analysis in which respondents are randomized to either a DCE employing a conventional choice elicitation format or a parallel DCE employing the probability elicitation format.

     
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    Schriftenreihe: Discussion paper series / IZA ; no. 16821
    Schlagworte: discrete choice experiment; probability elicitation; mixed logit; beta regression; willingness to pay
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  3. Altruist talk may (also) be cheap
    revealed versus stated altruism as a predictor in stated preference studies
    Autor*in: Iversen, Endre Kildal; Grimsrud, Kristine M.; Mitani, Yohei; Lindhjem, Henrik
    Erschienen: April 2021
    Verlag:  Statistics Norway, Research Department, Oslo

    Altruistic preferences of various forms may cause difficulties in welfare economics. In the valuation of public goods, such preferences are believed to help explain the substantial non-use values found in many stated preference (SP) valuation... mehr

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    Altruistic preferences of various forms may cause difficulties in welfare economics. In the valuation of public goods, such preferences are believed to help explain the substantial non-use values found in many stated preference (SP) valuation surveys. However, studies analysing the effect of altruism on willingness to pay (WTP) have underappreciated the challenges in measuring altruism by the stated measures typically used. Instead, we exploit a naturally occurring decision domain to investigate the role of altruism in SP. We make use of an Internet survey company's data on respondents' donations of earned survey coins to charities to analyse the effect of donation behaviour on WTP across two contingent valuation (CV) surveys on different environmental topics. Hence, donators in our data are proven givers of their own money in an anonymous and unrelated setting, a decision much like the anonymous dictator game with earned resources. We find that respondents' past donations are associated with higher WTP in the CV surveys, also when controlling for stated altruism, ecological and environmental attitudes, and respondent characteristics. The strong association between past donations and higher WTP imply that altruism is an even more important factor in explaining the substantial non-use values found in SP than assumed. The results also support prior research finding altruistic behaviour in one decision domain to be a good predictor of altruistic behaviour in other domains. Combining past behaviour with preference elicitation opens new avenues of research to better understand and handle altruistic preferences in SP and welfare economics.

     
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    Schriftenreihe: Discussion papers / Statistics Norway, Research Department ; no. 952
    Schlagworte: Prosocial behaviour; altruism; contingent valuation; donations; willingness to pay
    Umfang: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  4. Are consumers willing to pay for industrial decarbonisation?
    evidence from a discrete choice experiment on green plastics
    Autor*in: Ajayi, Victor; Reiner, David M.
    Erschienen: [2020]
    Verlag:  University of Cambridge, Faculty of Economics, Cambridge

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    Schriftenreihe: Cambridge working paper in economics ; 20110
    EPRG working paper ; 2033
    Schlagworte: Bio-based plastics; mixed logit; preferences heterogeneity; discrete choice experiment; willingness to pay; industrial decarbonisation; carbon capture
    Umfang: 1 Online-Ressource (circa 39 Seiten)
  5. Are transboundary nature protected areas international public goods and why people think they are (not)?
    hybrid modelling evidence from the eu outer borders
    Autor*in: Valasiuk, Sviataslau; Czajkowski, Mikołaj; Giergiczny, Marek; Żylicz, Tomasz; Veisten, Knut; Landa Mata, Iratxe; Halse, Askill Harkjerr; Angelstam, Per
    Erschienen: 2021
    Verlag:  University of Warsaw, Faculty of Economic Sciences, Warsaw

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    Schriftenreihe: Working papers / University of Warsaw, Faculty of Economic Sciences ; no. 2021, 9 = 357
    Schlagworte: International public goods; national parks; forest; transboundary nature protected areas; public preferences; willingness to pay; discrete choice experiment; hybrid modeling
    Umfang: 1 Online-Ressource (circa 30 Seiten)
  6. Averting expenditures and willingness to pay for electricity supply reliability
    Autor*in: Niroomand, Naghmeh; Jenkins, Glenn P.
    Erschienen: [2022]
    Verlag:  [Queen's Economics Department], [Kingston, Ontario]

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    Schriftenreihe: Development discussion paper ; 2022-16
    Schlagworte: averting expenditures; electricity; reliability; revealed preference; willingness to pay
    Umfang: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  7. Can food produced with new plant engineering techniques succeed in the marketplace?
    a case study of apples
    Autor*in: Marette, Stéphan; Beghin, John C.; Disdier, Anne-Célia; Mojduszka, Eliza M.
    Erschienen: [2021]
    Verlag:  Center for Agricultural and Rural Development, Ames, Iowa

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    Schriftenreihe: Working paper / Center for Agricultural and Rural Development ; 21-624 (September 2021)
    Schlagworte: new plant engineering techniques (NPETs); gene editing (GE); consumer information; willingness to pay; food innovation; industrial organization; apple
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  8. Can the environment be an inferior good?
    a theory with context-dependent substitutability and needs
    Autor*in: Dupoux, Marion; Martinet, Vincent
    Erschienen: April 2019
    Verlag:  Department of Economics, Göteborg University, Göteborg

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    Schriftenreihe: Working papers in economics ; no. 759
    Schlagworte: substitutability; environmental public goods; context; willingness to pay; inferior goods; needs
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  9. Capturing urban households' benefits for preserving natural and cultural resources in a neighboring rural area
    a CVM approach
    Autor*in: Palanca-Tan, Rosalina
    Erschienen: [2020]
    Verlag:  Ateneo de Manila University, Quezon City, Philippines

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    Schriftenreihe: Working paper / Ateneo de Manila University, Department of Economics ; no. 2020, 10 (July 20, 2020)
    Schlagworte: benefit valuation; contingent valuation method; cultural heritage; natural environment; willingness to pay
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  10. Climate change and individual behavior
    Autor*in: Bernard, René; Tzamourani, Panagiota; Weber, Michael
    Erschienen: [2022]
    Verlag:  Deutsche Bundesbank, Frankfurt am Main

    This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions... mehr

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    This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2 offsetting relative to thecontrol group. Individuals receiving information about the behavior of peersreact similarly to those receiving information about scientific research. Individ-uals’ responses vary depending on their socio-demographic characteristics andalso along a rich set of prior beliefs and concerns regarding climate change. Ina follow-up survey, we study the endogenous information acquisition of surveyparticipants and show that individuals choose information that aligns with theirviews. Individuals who choose to receive information about climate changehave a higher willingness to pay for CO2 offsets.

     
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    Schriftenreihe: Discussion paper / Deutsche Bundesbank ; no 2022, 01
    Schlagworte: Climate change; information treatment; willingness to pay; CO2 compensation; information acquisition
    Umfang: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  11. Climate change and individual behavior
    Autor*in: Bernard, René; Tzamourani, Panagiota; Weber, Michael
    Erschienen: [2022]
    Verlag:  Verein für Socialpolitik, [Köln]

    This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions... mehr

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    This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2 offsetting relative to the control group. Individuals receiving information about the behavior of peers react similarly to those receiving information about scientific research. Indi-viduals' responses vary depending on their socio-demographic characteristics and also along a rich set of prior beliefs and concerns regarding climate change. In a follow-up survey, we study the endogenous information acquisition of survey participants and show that individuals choose information that aligns with their views. Individuals who choose to receive information about climate change have a higher willingness to pay for CO2 offsets.

     
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    Auflage/Ausgabe: Revised version: February 2022
    Schriftenreihe: Jahrestagung 2021 / Verein für Socialpolitik ; 1
    Discussion paper / Deutsche Bundesbank ; no 2022, 01
    Schlagworte: Climate change; information treatment; willingness to pay; CO2 compensation; information acquisition
    Umfang: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  12. Combining revealed and stated preference models for artificial reef siting
    a study in the Florida Keys
    Autor*in: Hindsley, Paul; Morgan, Owen Ashton; Whitehead, John C.
    Erschienen: [2022]
    Verlag:  Department of Economics, Appalachian State University, Boone, NC

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    Schriftenreihe: Department of Economics working paper / Appalachian State University ; number 22, 05 (June 2022)
    Schlagworte: discrete choice experiment; artificial reefs; diving demand; willingness to pay
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  13. Consumer preferences for genetically modified organisms in Cape Town
    a choice experiment approach
    Autor*in: Dovey, Benjamin; Ntuli, Herbert
    Erschienen: July 2020
    Verlag:  Economic Research Southern Africa, [Cape Town]

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    Schriftenreihe: ERSA working paper ; 827
    Schlagworte: GMOs; biotechnology; choice experiment; willingness to pay; consumer preferences
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  14. Coordination and the poor maintenance trap
    an experiment on public infrastructure in India
    Autor*in: Armand, Alex; Augsburg, Britta; Bancalari, Antonella
    Erschienen: 22 Jun 2021
    Verlag:  Institute for Fiscal Studies, London

    Poorly maintained public infrastructure is common in low- and middle-income countries, with consequences for service delivery and public health. By experimentally identifying the impact of incentives for local maintenance for both providers and... mehr

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    Poorly maintained public infrastructure is common in low- and middle-income countries, with consequences for service delivery and public health. By experimentally identifying the impact of incentives for local maintenance for both providers and potential users, this paper provides one of the first economic analyses of provider–user dynamics in the presence of local coordination failure. Focusing on shared sanitation facilities for slum residents in two major Indian cities, we randomly allocate facilities to either a control or two treatments. The first treatment incentivizes maintenance of the facility among providers, while the second treatment adds a sensitization campaign about the returns of a well-maintained facility among potential users. Using surveys, behavioral and objective measurements for both providers and potential users, we show that incentivizing maintenance does not favor collective action. The treatments raise the quality of facilities and reduce free riding, but at the cost of user selection. Providers improve routine maintenance, but also respond strategically to the newly-introduced incentives. While slum residents’ private willingness to pay and cooperation are unaffected, their demand for public intervention increases. The second treatment raises aware-ness, but does not affect behavior.

     
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    Schriftenreihe: Working paper / lnstitute for Fiscal Studies ; 21, 16
    Schlagworte: infrastructure; maintenance; basic services; sanitation; slums; information; free riding; willingness to pay; health
    Umfang: 1 Online-Ressource (circa 101 Seiten), Illustrationen
  15. Could fMRI data proxy subjective value because of the statistical relationship between poisson and conditional logit?
    an observation in search of a theory
    Autor*in: Crespi, John M.
    Erschienen: January 2022
    Verlag:  Iowa State University, Department of Economics, Ames, Iowa

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    Schriftenreihe: Working paper / Iowa State University, Department of Economics ; number 22001
    Schlagworte: conditional logit; fMRI; neuroecon; Poisson; subjective value; willingness to pay; WTP
    Umfang: 1 Online-Ressource (circa 11 Seiten)
  16. Customary tenure and innovative measures of safeguarding land rights in Africa
    the community land initiative (iniciativa de terras comunitárias) in Mozambique
    Autor*in: Hagos, Hosaena Ghebru; Pitoro, Raul; Woldeyohannes, Sileshi
    Erschienen: November 2015
    Verlag:  International Food Policy Research Institute, Washington, DC, USA

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    Schriftenreihe: IFPRI discussion paper ; 01484
    Schlagworte: community land delimitation; CLD; DUAT; willingness to pay; WTP
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  17. Does health technology assessment guidance give adequate consideration to decisions about less costly and less effective alternatives?
    Autor*in: Griffin, Susan; Fusco, Francesco; Naidoo, Bhash; Taylor, Matthew; Walker, Simon
    Erschienen: November 2020
    Verlag:  Centre for Health Economics, Alcuin College, University of York, York, UK

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    Schriftenreihe: CHE research paper ; 175
    Schlagworte: Cost-effectiveness analysis; willingness to pay; willingness to accept; opportunity cost; cost-effectiveness thresholds; priority setting
    Umfang: 1 Online-Ressource (circa 19 Seiten), Illustrationen
  18. Does the framing affect the WTP for consumption goods in realistic shopping settings?
    Autor*in: Brzozowicz, Magdalena
    Erschienen: 2021
    Verlag:  University of Warsaw, Faculty of Economic Sciences, Warsaw

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    Schriftenreihe: Working papers / University of Warsaw, Faculty of Economic Sciences ; no. 2021, 20 = 368
    Schlagworte: framing effect; field experiment; willingness to pay; WTP
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  19. Enhancing the informational nudge of energy labels
    evidence from a DCE in New Delhi
    Autor*in: Grover, Charu; Bansal, Sangeeta; Martínez-Cruz, Adán L.
    Erschienen: [2021]
    Verlag:  Department of Economics, Umeå University, Umeå, Sweden

    India's contribution to global CO2 emissions makes it a priority case for policy makers worldwide. The Indian government is considering the adoption of energy labels for new passenger cars to tackle CO2 emissions. This paper's first aim is to asses... mehr

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    India's contribution to global CO2 emissions makes it a priority case for policy makers worldwide. The Indian government is considering the adoption of energy labels for new passenger cars to tackle CO2 emissions. This paper's first aim is to asses New Delhi's car buyers' preferences for cars displaying energy labels. To do so, a discrete choice experiment (DCE) has been designed to document both WTP for energy efficiency (212 USD for one kilometer per liter) and WTP for the best efficiency label (4.93 thousand USD). The informational nudge embedded in a labeling system may not be enough to boost uptake of efficient cars. Thus this paper investigates the potential of combining a labeling system and car driving restrictions. Via a split-sample approach, this paper documents an increase of 2.55 thousand USD in stated WTP for the best efficiency label. This number can be interpreted as reflecting the costs imposed by the driving restrictions on car drivers. Under this interpretation, 2.55 thousand USD fall within the range of estimations reported in previous studies. The results in this paper suggest that a combination of driving restrictions and a labeling system may deliver an increase in energy efficient cars in New Delhi

     
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    Schriftenreihe: CERE working paper ; 2021, 4
    Schlagworte: energy labeling system; driving restrictions; willingness to pay; discrete choice experiment; split-sample approach; New Delhi
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  20. Estimating environmental damages of a tailings dam failure
    the case of the Fundão Dam in Brazil
    Autor*in: Czajkowski, Mikołaj; Meade, Norman F.; Motta, Ronaldo Serôa da; Ortiz, Ramon Arigoni; Welsh, Michael P.; Carvalho Blanc, Gleiciane
    Erschienen: 2022
    Verlag:  University of Warsaw, Faculty of Economic Sciences, Warsaw

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    Schriftenreihe: Working papers / University of Warsaw, Faculty of Economic Sciences ; no. 2022, 19 = 395
    Schlagworte: tailings dam failure; nonmarket environmental damages; contingent valuation; willingness to pay
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  21. Fake news
    susceptibility, awareness and solutions
    Autor*in: Assenza, Tiziana; Cardaci, Alberto; Huber, Stefanie J.
    Erschienen: April 2024
    Verlag:  ECONtribute, [Bonn]

    This paper investigates and quantifies citizens' susceptibility to fake news and assesses, using a randomized control trial, the effectiveness of a policy intervention to raise awareness. We find that the average citizen lacks proficiency in... mehr

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    This paper investigates and quantifies citizens' susceptibility to fake news and assesses, using a randomized control trial, the effectiveness of a policy intervention to raise awareness. We find that the average citizen lacks proficiency in identifying fake news and harbors an inflated perception of his/her ability to differentiate between true and fake news content. Increasing awareness by providing information about personal susceptibility to fall for fake news causally adjusts individuals' beliefs about their fake news detection ability. Most importantly, we show that the simple intervention of informing citizens about their personal susceptibility to fall for fake news causally increases their willingness to pay for the fact-checking service.

     
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    Sprache: Englisch
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    hdl: 10419/293973
    Auflage/Ausgabe: Version: March 26, 2024
    Schriftenreihe: ECONtribute discussion paper ; no. 290
    Schlagworte: Fake news; misinformation; disinformation; fact checking; information provision experiments; belief updating; willingness to pay
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  22. Fake news: susceptibility, awareness and solutions
    Autor*in: Assenza, Tiziana; Cardaci, Alberto; Huber, Stefanie J.
    Erschienen: March 2024
    Verlag:  [Toulouse School of Economics], [Toulouse]

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    Auflage/Ausgabe: Version: March 26, 2024
    Schriftenreihe: Working papers / Toulouse School of Economics ; no 1519
    Schlagworte: Fake news; misinformation; disinformation; fact checking; information provision experiments; belief updating; willingness to pay
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  23. From index to indemnity insurance using digital technology
    emand for picture-based crop insurance
    Autor*in: Ceballos, Francisco; Kramer, Berber
    Erschienen: [2019]
    Verlag:  International Food Policy Research Institute, Washington, DC, USA

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    Schriftenreihe: IFPRI discussion paper ; 01890 (December 2019)
    Schlagworte: risk and insurance; mobile technology; adverse selection; willingness to pay
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  24. Generational effect and territorial distributive justice, the two main drivers for willingness to pay for renewable energies
    Autor*in: Faulques, Martin; Bonnet, Jean; Bourdin, Sébastien; Juge, Marine; Pigeon, Jonas; Richard, Charlotte
    Erschienen: [2021]
    Verlag:  Center for Research in Economics and Management, University of Rennes 1, University of Caen Normandie, [Rennes]

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    Schriftenreihe: Working paper / Center for Research in Economics and Management ; WP 2021, 01 (Septembre 2021)
    Schlagworte: Environmental justice; renewable energies; willingness to pay; discrete choice experiment; territory
    Umfang: 1 Online-Ressource (circa 25 Seiten)
  25. Household response to improvements in water infrastructure
    evidence from peri-urban Kyrgyz Republic
    Autor*in: Akcura, Elcin; Bost, Leon; Brock, J. Michelle
    Erschienen: February 2023
    Verlag:  European Bank for Reconstruction and Development, [London, United Kingdom]

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    Schriftenreihe: Working paper / European Bank for Reconstruction and Development ; no. 277
    Schlagworte: water access; adoption; willingness to pay; time use
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen