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) Conditional Information Lottery design to control 'others' behaviour' without deception. We observe how contributions correlate …
Persistent link: https://www.econbiz.de/10010290531
This paper uses a meta-analysis to explore the relationship between hypothetical bias and the price respondents are asked to pay. For public goods, the results clearly indicate a difference in the price elasticity between hypothetical and actual payment conditions. Since the bias increases for...
Persistent link: https://www.econbiz.de/10014069281
) Conditional Information Lottery design to control “others’ behaviour” without deception. We observe how contributions correlate …
Persistent link: https://www.econbiz.de/10001746518
Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...
Persistent link: https://www.econbiz.de/10014075742
Significant difference between response to real and hypothetical valuation questions is often referred to as hypothetical bias. Some economists have had success with using "cheap talk" (which entails reading a script that explicitly highlights the hypothetical bias problem before participants...
Persistent link: https://www.econbiz.de/10014087642
In a climate system that is indifferent about where mitigation is carried out, the logic of comparative advantages favors abatement locations in developing and rapidly industrializing countries. There is evidence, however, that citizens of industrialized countries who voluntarily fund climate...
Persistent link: https://www.econbiz.de/10011663468
A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...
Persistent link: https://www.econbiz.de/10014454771
This study analyzes whether and to what extent the provision of public goods and firms' trust in local governments' handling of local business tax revenues are associated with firms' willingness to pay local business tax. Using survey data on German small- and medium-sized firms, we find that...
Persistent link: https://www.econbiz.de/10015069681
We study the heterogeneity of preferences regarding the limited substitutability of environmental public goods vis … and increases in the heterogeneity of individual-level substitutability preferences. We then introduce an experimental … parameters for almost 1,500 individuals and document substantial preference heterogeneity. The majority of individual preferences …
Persistent link: https://www.econbiz.de/10014578444
Social preferences for the punishment of free riders are critical for generating cooperative behavior in human society. Focusing on the receiving fees of Japan's public broadcaster, this study analyses how punishment of free riders, that is, the strengthening of legal responses against them,...
Persistent link: https://www.econbiz.de/10011760399