This paper focuses on modelling and estimating the starting point bias in closed-ended follow-up questions, where several bids are presented successively, depending on previous answers. Although the contingent valuation literature took off in the last decade, there is only one study modelling...

Through the Water Framework Directive, the European Commission urges its Mem- ber states to reach a level of "good status" of water for 2015. This level can be different from the regional first-best. Neither the supra-regional regulator (European Commission) nor the regional regulator (Member...

In this paper, we show that expressed willingness-to-pay (WTP) for reducing symptoms caused by air pollution, crucially depends on the respondents being aware of the origin of the symptoms. We observe that the average stated WTP is 50 % higher when respondents are informed in the questionnaire...

Recent surveys report the increasing number of muddy flows in many areas, and point out the fact that agricultural practices (among others) influence significantly the risk and severity of muddy flows. In this paper, we investigate the economic incentives that can be given to the farmer to adopt...

We analyze the micro rationale of EU-sponsored collaborations compared to non-sponsored, spontaneous collaborations. We compare the incentives and coordination mechanisms of each type of collaboration, and derive propositions that we test empirically. Our econometric analysis uses recent data on...

This paper evaluates the impact of a widely-used French training programme for youth on earnings. This programme is designed to increase labour market experience and education, validated by a formal diploma. It is not sure, however, whether this diploma and a similar diploma acquired through...

This paper examines the impact of R&D and technology imports on firm performance in Taiwan’s manufacturing industry. Using a panel of 27,754 firms observed from 1992 to 1995, we estimate Translog production functions in twenty 2-digit industries. We implement four estimations procedures:...

This paper examines the impact of embodied and disembodied knowledge on labour productivity in Taiwan’s manufacturing industry, using the Asymptotically Ideal Model. The model is estimated on a panel of 27,754 firms observed from 1992 to 1995, using three estimations procedures: fixed-effect...