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The Social Value of a SARS-CoV-2 Vaccine: Willingness to Pay Estimates from Four Western Countries

Costa-Font, Joan; Rudisill, Caroline; Harrison, Sayward; … - 2021

SARS-CoV-2 vaccines give rise to positive externalities on population health, society and the economy in addition to protecting the health of vaccinated individuals. Hence, the social value of such a vaccine exceeds its market value. This paper estimates the willingness to pay (WTP) for a...

Persistent link: https://www.econbiz.de/10012597621

Does LEED Certification Save Energy? Evidence from Federal Buildings

Clay, Karen; Severnini, Edson R.; Sun, Xiaochen - 2021

In the absence of first-best climate policy, energy efficiency has figured prominently among strategies to reduce carbon emissions. One of the most sought-after green certification in the building sector is the internationally recognized Leadership in Energy & Environmental Design (LEED). This...

Persistent link: https://www.econbiz.de/10012597357

Information Nudges, Subsidies, and Crowding Out of Attention: Field Evidence from Energy Efficiency Investments

Rodemeier, Matthias; Löschel, Andreas - 2023

savings of LED lighting. Information has two effects: It shifts and rotates demand curves. The direction of the shift is … increases LED demand, but showing them that 90% corresponds to an average of 11 euros raises demand for less efficient … technologies. The rotation of the demand curve is unambiguous: information dramatically reduces both own-price and cross …

Persistent link: https://www.econbiz.de/10014296885

On the Inefficiency of Inequality

Schiff, Maurice - 2004

A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people?s consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a more equal...

Persistent link: https://www.econbiz.de/10010262032

The Response of Consumption in Russian Households to Economic Shocks

Stillman, Steven - 2001

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During the time period studied in this paper (1994 – 1998), Russia experienced two major economic crises. Both featured extreme movements in the real ruble-dollar exchange rate. The...

Persistent link: https://www.econbiz.de/10010262612

Kinky choices, dictators and split might: a non-cooperative model for household consumption and labor supply

Boone, Jan; van der Wiel, Karen; Vermeulen, Frederic - 2009

that demand for public goods is characterized by three regimes. It is either determined by the preferences of one of the … on the spouses' relative wage rates (Split Might). These regimes imply a kinked nature of the couple's aggregate demand … curves. By imposing more structure on the model, we can derive testable implications on observed demand for public goods and …

Persistent link: https://www.econbiz.de/10010277211

Labor and Financial Market Interactions: The Case of Labor Income Risk and Car Insurance in the UK 1969-95

Koeniger, Winfried - 2001

demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

Persistent link: https://www.econbiz.de/10010262448

Survey of models on demand, customer base-line and demand response and their relationships in the power market

Heshmati, Almas - 2012

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …

Persistent link: https://www.econbiz.de/10010284018

Workers made idle by company strikes and the British disease

Hart, Robert A. - 2009

The strikes' literature is dominated by the causes and effects of strike action as they relate directly to strikers themselves. This paper considers another important group of affected workers - those individuals incidentally made idle as a result of the strike action of others. Using a unique...

Persistent link: https://www.econbiz.de/10010269119

Corporate Sports Activity and Work Morale: Evidence from a Japanese Automobile Maker

Sasaki, Masaru; Ohtake, Fumio - 2013

This paper estimates the factors affecting the relationship between the wins and losses of corporate sports club teams and the work morale of employees, using an original survey of employees from a selected Japanese automobile maker. We find that corporate sports club teams' performance is an...

Persistent link: https://www.econbiz.de/10010328985