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This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their...
Persistent link: https://www.econbiz.de/10012463692
Recent research has documented a link between consumer risk preferences over health and the willingness to pay (WTP …) for medical technologies. However, the absence of empirical health risk preference estimates so far limits the … individual risk preference parameters over health-related quality of life (HRQoL) that shed light on health risk attitudes and …
Persistent link: https://www.econbiz.de/10014337758
between the environment and individual well-being. First, in explicitly recognizing how optimizing behavior, particularly in … focus of analysis beyond traditional health outcomes to include measures of human capital, including labor supply … importance of health and human capital as an engine for economic growth, these findings underscore the role of environmental …
Persistent link: https://www.econbiz.de/10012459726
We compare the behavior and welfare effects of two popular interventions for resource conservation. The first intervention is social comparison reports (SC), which primarily provide consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF),...
Persistent link: https://www.econbiz.de/10014436976
This paper presents the first attempt to estimate the benefits of reducing crime using the contingent-valuation (CV) method. We focus on gun violence, a crime of growing policy concern in America. Our data come from a national survey in which we ask respondents referendum-type questions that...
Persistent link: https://www.econbiz.de/10012471621
We review the literature on sovereign debt. We organize our survey around three central questions: (1) Why do sovereign debtors ever repay their debts? (2) What burdens, in the form of distortions and inefficiencies, does sovereign debt impose? and (3) How might debt be restructured to reduce...
Persistent link: https://www.econbiz.de/10012473755
We explore workers' valuation of job flexibility, using a field experiment conducted on a Chinese job board, as well as survey and observational data for the same job seekers. Our experimental job ads differ randomly in offering jobs that are flexible regarding when one works (time flexibility)...
Persistent link: https://www.econbiz.de/10012479379
Legislation and public policies are often the result of competition and compromise between different views and interests. In several cases, strongly held moral beliefs voiced by societal groups lead lawmakers to prohibit certain transactions or to prevent them from occurring through markets....
Persistent link: https://www.econbiz.de/10012479534
A growing body of empirical work shows that social recognition of individuals' behavior can meaningfully influence individuals' choices. This paper studies whether social recognition is a socially efficient lever for influencing individuals' choices. Because social recognition generates utility...
Persistent link: https://www.econbiz.de/10012479589
The present study gathers prices for firewood and estimates the premium paid for dry fuel, relative to green wood, on a monthly basis from 1922 to 1935. This premium conveys consumers' willingness-to-pay for a good available for immediate consumption relative to the same good ready for use after...
Persistent link: https://www.econbiz.de/10012479946