Agriculture plays a significant role in Rwanda's economic growth but is still highly rain-fed with risks and losses caused by adverse natural and climate shocks. Agricultural insurance schemes are widely recognized as potential risk management strategies. This study aims to examine the...

This paper analyzes the possible advantages of the trichotomous choice elicitation question format in contingent valuation studies over the traditional dichotomous choice format. In the past, contingent valuation studies showed that mean stated willingness to pay (WTP) for a public project was...

In this paper, I study how preferences for a wide variety of amenities—including restaurants, shops, personal services, and entertainment places—vary by income. Using data on over 150 million visits, I show that higher and lower income urban residents have heterogenous preferences for...

The customized bus (CB) is a user-oriented, environment-friendly travel mode that provides flexible, demand-responsive service. During the eruption of COVID-19, more and more people have cut back on conventional public transport, which is crowded with people in narrow and enclosed spaces. While...

The purpose of this study is to examine what drives willingness to pay (WTP), stated buying behavior (SBB), and the gap between intention and behavior when consuming organic meat in Norway. A survey with 1021 respondents was used for this purpose. Over 45% of respondents were willing to pay a...

Urban nature increases the liveability of cities and can improve the resilience of cities to climate change. However, the value of urban nature often remains unknown, which results in its undervaluation, and subsequently under-provision. Valuation of small-sized nature in particular remains...

Plastics is one of the hardest sectors to decarbonize but there are concerns over the willingness of consumers to pay higher prices to shift away from reliance on unabated fossil energy. We analyze heterogeneity in consumer preferences and willingness to pay for decarbonisation of plastics and...

Estimating the demand for greener products may be challenging when these products are not yet on the market. We design an experiment to elicit the willingness-to-pay (WTP) for a novel product in a non-hypothetical way, despite the fact that the product is not marketed and thus cannot be...

Leveraging the unique context of New York City taxi rides, we estimate that passengers are 25 to 30 percentage points more likely to tip a suggested amount when presented an integer tip suggestion. Moreover, we find this behavioral response to integer suggestion varies by tip menu placement,...

Comparisons between discrete choice experiments (DCEs) and best-worst scaling (BWS) have been occasionally made in the literature to date. Likewise, labeled and unlabeled experimental designs have been compared under some settings. However, these research findings are basically mixed in terms of...