Showing 1 - 10 of 18,239
The use of environmental policy instruments such as eco-labelling and pesticide taxes should preferably be based on disaggregate estimates of the individuals' willingness to pay (WTP) for pesticide risk reductions. We review the empirical valuation literature dealing with pesticide risk exposure...
Persistent link: https://www.econbiz.de/10011324976
The paper focuses on the ongoing debate on non-market valuation, including the valuation environmental goods, and the opportunity to use contingent valuation for policy guidance. In fact, contingent valuation critics argue that reported willingness to pay answers do not reflect real economic...
Persistent link: https://www.econbiz.de/10011324992
This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a “value of life” type of framework. We are able to express adults’ willingness to pay for changes in child...
Persistent link: https://www.econbiz.de/10011807361
riverbanks do not provide this habitat, natural river banks increase biodiversity in the Netherlands. On the basis of technical …
Persistent link: https://www.econbiz.de/10011324935
are asymptotically equivalent. We illustrate the implications of this new theory with a simple simulation, an application …
Persistent link: https://www.econbiz.de/10011604630
In this paper, we use a hypothetical choice methodology to robustly estimate preferences for workplace attributes. Undergraduate students are presented with sets of jobs that vary in their attributes (such as earnings and job hours flexibility) and asked to state their probabilistic choices. We...
Persistent link: https://www.econbiz.de/10011537997
An important source of conflict surrounding nuclear energy is that with a very small probability, a large-scale nuclear accident may occur. One way to internalize the associated financial risks is through mandating nuclear operators to have liability insurance. This paper presents estimates of...
Persistent link: https://www.econbiz.de/10010315480
In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms …) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the … can be negative). The problem of finding a fair welfare distribution can be modelled by a cooperative game. For a river …
Persistent link: https://www.econbiz.de/10010325973
The Mekong River is the dominant geo-hydrological structure in mainland Southeast Asia, originating in China and … are carried out for the Mekong River Basin with the objective to determine tradeoffs and complementarities in water usage … effective management and joint cooperation in the Mekong River Basin. It could also facilitate the upcoming negotiations of …
Persistent link: https://www.econbiz.de/10010323638
We use four incentivized representative surveys to study the endowment effect for lotteries in 4,000 U.S. adults. We replicate the standard finding of an endowment effect–the divergence between Willingness to Accept (WTA) and Willingness to Pay (WTP), but document three new findings. First, we...
Persistent link: https://www.econbiz.de/10014290110