Showing 1 - 10 of 27
Hypothetical bias continues to be a major challenge for stated preference methods. Cheap Talk (CT) has been found to be an effective remedy in some applications, though empirical results are ambiguous. We discuss reasons why CT may fail to effectively remove specific types of hypothetical bias...
Persistent link: https://www.econbiz.de/10011261595
Costs and benefits of water restoration projects are not necessarily evenly spread out over the entire area affected by the project. The physical distribution of benefits is, therefore, an important parameter when conducting economic analyses of water restoration projects. Two particularly...
Persistent link: https://www.econbiz.de/10011043554
In this paper, we test whether preferences and willingness-to-pay estimates obtained in a Choice Experiment study are susceptible to starting point bias as is often the case in Dichotomous Choice Contingent Valuation studies. On the basis of a multinomial probit model, we find that preferences...
Persistent link: https://www.econbiz.de/10005298383
Hypothetical bias remains a major problem when valuing non-market goods with stated preference methods. Originally developed for Contingent Valuation studies, Cheap Talk has been found to effectively reduce hypothetical bias in some applications, though empirical results are ambiguous. We...
Persistent link: https://www.econbiz.de/10009147459
In this paper, we develop a North-South endogenous growth model to examine thrThe potential for a number of common but severe biases in stated preference method surveys being gender dependent has been largely overlooked in the literature. In this paper we summarize results from three Choice...
Persistent link: https://www.econbiz.de/10009147465
Wind power generation is expected to increase significantly in the near future. Owing to the increasingly limited possibilities for using on-land turbines, offshore wind generation is a potential alternative. However, wind turbines located offshore are still associated with visual disamenities...
Persistent link: https://www.econbiz.de/10010805942
People experience welfare losses in the event of power outages. A higher share of wind power in the power generation mix increases difficulties in forecasting power generation. This, in turn, challenges an effective utilization of wind power and increases the risk of power outages. Using a split...
Persistent link: https://www.econbiz.de/10010761427
Web surveys are becoming an indispensable tool for quantitative researchers, and online survey panels have proliferated in recent years. However, little research has addressed the challenges of using online panels, namely the potential effects of respondents’ survey experience, also known as...
Persistent link: https://www.econbiz.de/10010843822
Generally people are more positive towards offshore wind farms compared to on-land wind farms. However, the attitudes are commonly assumed to be independent of experience with wind farms. Important relations between attitude and experience might therefore be disregarded. The present paper gives...
Persistent link: https://www.econbiz.de/10011049122
The offshore wind power generation market is currently experiencing large growth rates on a global scale and investments exceeding several billion euro are being made. From a welfare economic point of view there is a non-trivial economic trade-off between offshore wind generation costs and the...
Persistent link: https://www.econbiz.de/10011049578