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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, … - HAL - 2009
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008791266
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, Marie … - HAL - 2010
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008791715
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Definition, Measurement and Determinants of the Consumer's Willingness to Pay: a Critical Synthesis and Directions for Further Research
Gall-Ely, Marine Le - HAL - 2009
Differentiated prices, bundling, Web auctions : firms' pricing practices are evolving. When there is no market or for customised pricing, the willingness-to-pay concept seems to be interesting. This article aims at presenting a synthesis of the marketing research stream relative to willingness...
Persistent link: https://www.econbiz.de/10008790743
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The improvement of the sanitation services in Moshi (Tanzania)
Milanesi, Julien; Mhina, Amos; Contamin, Bernard - HAL - 2006
Tanzania has created, since the mid-90s, an original institutional framework for water and sanitation management made of a mix of decentralized initiative and public control. This article presents this framework and its functioning on sanitation issues in the town of Moshi, a medium-sized town...
Persistent link: https://www.econbiz.de/10008792617
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What are Households Willing to Pay for Better Tap Water Quality ? A Cross-Country Valuation Study
Beaumais, Olivier; Briand, Anne; Millock, Katrin; … - HAL - 2010
Using a unique cross-section sample from 10 OECD countries, we estimate willingness to pay for better quality of tap water. On the pooled sample, households are only willing to pay 7.5% of the median annual water bill to improve the quality of tap water. The highest relative willingness to pay...
Persistent link: https://www.econbiz.de/10010603672
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Insurance demand under ambiguity and conflict for extreme risks : Evidence from a large representative survey
Dupont-Courtade, Théodora - HAL - 2012
ambiguous and extreme event risks. The data show a strong distinction between two aspects of the problem : the decision of … purchasing insurance and the willingness to pay. In the decision to insure, more than 25% of the respondents refuse to buy …
Persistent link: https://www.econbiz.de/10010635162
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Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?
Rinaudo, Jean-Daniel; Aulong, Stéphanie - HAL - 2014
The use of cost-benefit analysis (CBA) is increasingly advocated as a tool for supporting water planning decisions, in particular at the local (site) level. This paper questions whether CBA is relevant for evaluating groundwater management options at the scale of large regional aquifers. It...
Persistent link: https://www.econbiz.de/10010899098
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The Possibility of a Welfare Policy in a World of Emotion-Driven Individuals: A Humean Point of View
Lapidus, André - HAL - 2011
Based on Hume's major philosophical works and on some of his Essays, this paper discusses formally the feasibility, from a Humean point of view, of a welfare policy which would aim at promoting the highest individual happiness whereas individual decisions, like individual happiness, are...
Persistent link: https://www.econbiz.de/10009226838
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Decision theory under uncertainty
Etner, Johanna; Jeleva, Meglena; Tallon, Jean-Marc - HAL - 2009
We review recent advances in the field of decision making under uncertainty or ambiguity. …
Persistent link: https://www.econbiz.de/10010738626
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Decision Making with Imprecise Probabilistic Information
Gajdos, Thibault; Tallon, Jean-Marc; Vergnaud, … - HAL - 2004
We develop an axiomatic approach to decision under uncertainty that explicitly takes into account the information … available to the decision maker. The information is described by a set of priors and a reference prior. We define a notion of … imprecision for this informational setting and show that a decision maker who is averse to information imprecision maximizes the …
Persistent link: https://www.econbiz.de/10010750380