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Displaying results 1 to 5 of 5.

  1. Can money always talk?
    implication for environmental compensation by international agribusiness
    Published: April 2017
    Publisher:  Institute of Developing Economies (IDE)1, Chiba

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 135 (641)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 2344/00048855
    Series: IDE discussion paper ; no. 641
    Subjects: willingness to accept; CVM; choice experiment; global value chain; pollution; China
    Scope: 1 Online-Ressource (circa 33 Seiten)
  2. Inefficiency in school consolidation decisions
    Published: [2023]
    Publisher:  RIETI, [Tokyo, Japan]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: RIETI discussion paper series ; 23-E, 002 (January 2023)
    Subjects: school consolidation; local public goods; willingness to accept; economy of scale; fiscal externality
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  3. Narratives and valuations
    Published: October 2023
    Publisher:  CESifo, Munich, Germany

    While the significance of narrative thinking has been increasingly recognized by social scientists, very little empirical research has documented its consequences for economically significant outcomes. The current paper addresses this gap in one... more

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    While the significance of narrative thinking has been increasingly recognized by social scientists, very little empirical research has documented its consequences for economically significant outcomes. The current paper addresses this gap in one important domain: valuations. In three experiments, participants were given the opportunity to sell an item they owned (mug in Study 1, hat in studies 2 and 3) using an incentive-compatible procedure (multiple price list). Prior to making selling decisions, participants were randomly assigned to either a narrative treatment, in which they were asked to tell the story of their item, or a list treatment, in which they were asked to list the characteristics of their item. The narrative treatment led to significantly higher selling prices and increased rates of participants refusing all offered prices. We further explore potential mechanisms, and the impact of different types of narratives, by analyzing self-reported classifications of, and employing natural language processing techniques on, participants' narratives.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282402
    Series: CESifo working papers ; 10714 (2023)
    Subjects: decision-making; experimental; narratives; valuations; willingness to accept
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  4. Value of co-benefits from energy saving ventilation systems
    contingent valuations on Swiss home owners
    Published: [2022]
    Publisher:  CER-ETH - Center of Economic Research at ETH Zurich, Zürich

    Previous efforts exploring options to increase residential sector's energy efficiency have overlooked that highlighting co-benefits associated with energy efficiency may represent a promising strategy to draw attention from decision makers. For... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Previous efforts exploring options to increase residential sector's energy efficiency have overlooked that highlighting co-benefits associated with energy efficiency may represent a promising strategy to draw attention from decision makers. For instance, in addition to savings in energy costs, buildings equipped with energy saving and comfort ventilation (ESV) system provide co-benefits such as improved indoor air quality (IAQ), thermal comfort, and noise reduction. These co-benefits are attributes of an experience goods as their value is difficult to appraise unless they have been experienced. This paper estimates the value of these co-benefits by inquiring willingness to accept (WTA) compensation to hold off on using ESV from Swiss owners of Minergie houses, which are equipped with ESV. Average monthly WTA is CHF 181 - value dominated by IAQ. WTA protocols may deliver overestimated values. Thus this paper estimates willingness to pay (WTP) on a sample of owners of conventional houses - i.e. respondents that have not experienced an ESV. Average monthly WTP is CHF 163 - value dominated by presence of allergies at home, an approximation to relevance of IAQ among respondents that have not experienced ESV. A back-of-the-envelope cost-benefit analysis informed with our estimates suggests that monthly benefits from ESV can be as much as twice the costs.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/251742
    Edition: This version: February 28, 2022
    Series: Working paper / CER-ETH - Center of Economic Research at ETH Zurich ; 22, 368 (March 2022)
    Subjects: Co-benefits of energy efficiency; residential investment decisions; willingness to accept; willingness to pay; Swiss home owners
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  5. Does health technology assessment guidance give adequate consideration to decisions about less costly and less effective alternatives?
    Published: November 2020
    Publisher:  Centre for Health Economics, Alcuin College, University of York, York, UK

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CHE research paper ; 175
    Subjects: Cost-effectiveness analysis; willingness to pay; willingness to accept; opportunity cost; cost-effectiveness thresholds; priority setting
    Scope: 1 Online-Ressource (circa 19 Seiten), Illustrationen