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The Orbit demand model allows the magnitude of the calibration to stated purchase intentions to vary based on the magnitude of the stated quantities. Using an empirical example of stated trips, we find that the extent of calibration varies substantially with less correction needed at small...
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We estimate adults’ willingness to pay (WTP) to reduce health risks to their own or other families’ infants to test … health. Statistical tests confirm a high degree of altruism in our WTP results, and altruism held even when real money was …
Persistent link: https://www.econbiz.de/10008474542
Dichotomous choice willingness to pay questions are often used to determine the value visitors place on nature-based recreation. Ambiguity in wording can result in the use of information that does not necessarily reflect visitors’ true WTP. For example, depending on the specificity of the...
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institutionalization (or €292 at the time of the study) exceed the amount respondents are willing to pay for home health care at old age in …
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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 …
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