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The value of national defense : assessing public preferences for defense policy options

Qari, Salmai; Börger, Tobias; Lohse, Tim; Meyerhoff, … - 2023

Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense spending in terms of greater economic growth or...

Persistent link: https://www.econbiz.de/10014450765

An empirically-based taxonomy of Dutch manufacturing : innovation policy implications

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz C.; … - 2004

The paper studies the degree of homogeneity of innovative behavior in order to determine empirically an industry classification of Dutch manufacturing that can be used for policy purposes. We use a twolimit tobit model with sample selection, which explains the decisions by business enterprises...

Persistent link: https://www.econbiz.de/10011449855

Interdependent preferences for financing and providing public goods : the case of national defense

Bolouri, Armin A.; Lohse, Tim; Qari, Salmai - 2024

Governments often choose deficit financing over budget cuts or tax increases to fund public goods, driven by the political unpopularity of the latter options. This study investigates the potential trade-off between maintaining prudent public finances and securing voter support by analyzing the...

Persistent link: https://www.econbiz.de/10015178433

Pay-what-you-want to support independent information : a field experiment on motivation

Casarico, Alessandra; Tonin, Mirco - 2018

Pay-what-you-want schemes can be a useful tool to finance high quality and independent news media without restricting readership, therefore guaranteeing maximum diffusion. We conduct a field experiment with the Italian information site lavoce.info to explore how to structure a campaign in a way...

Persistent link: https://www.econbiz.de/10011809908

Heterogeneous substitutability preferences

Drupp, Moritz A.; Meya, Jasper; Bos, Björn; Disque, Simon - 2024

population preferences concerning the trade-off between market goods and forest ecosystem services. We estimate preference …

Persistent link: https://www.econbiz.de/10014578444

A non-linear forecast combination procedure for binary outcomes

Lahiri, Kajal; Yang, Liu - 2015

We develop a non-linear forecast combination rule based on copulas that incorporate the dynamic interaction between individual predictors. This approach is optimal in the sense that the resulting combined forecast produces the highest discriminatory power as measured by the receiver operating...

Persistent link: https://www.econbiz.de/10010475341

The dead-anyway effect revis(it)ed

Breyer, Friedrich; Felder, Stefan - 2002

In the expected-utility theory of the monetary value of a statistical life, the so-called dead-anyway effect discovered …

Persistent link: https://www.econbiz.de/10011514002

A general approach to the stochastic rotation problem with amenity valuation

Alvarez, Luis H. R.; Koskela, Erkki - 2003

first postulate the stochastic forest value and assume plausibly that monetary value of amenities is a continuous and non …-negative function of forest value thus presenting the trade-off between timber revenues and amenity values. Second, instead of using a … dynamic programming approach, we derive a recursive representation of the total forest value and solve the optimal rotation …

Persistent link: https://www.econbiz.de/10011514169

Forest rotations and stand interdependency : ownership structure and timing of decisions

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2002

This paper extends the Hartman model to study the optimal rotation age of two interdependent stands when the stream of amenities produces from the two stands may be complements or substitutes, both in space and over time. In the presence of stand interdependence both the ownership structure and...

Persistent link: https://www.econbiz.de/10011409170

Land use and fiscal competition

Büttner, Thiess - 2021

This paper explores the effects of fiscal competition on local land use. A theoretical analysis considers the tradeoff faced by a local government deciding about the amount of land made available for commercial or residential uses, when its expansion has adverse effects on the quality of life....

Persistent link: https://www.econbiz.de/10012491448