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In this paper we analyze the effect of information on respondents’ willingness to pay to avoid power outages in Sweden, by employing an open-ended contingent valuation survey.Two aspects of information are tested; (i) if increased experience from power outages manifested by one of the worst...
Persistent link: https://www.econbiz.de/10005651618
This paper examines the attitude towards relative position or status among rural households in Vietnam. On average, the respondents show weaker preferences for relative position than in comparable studies in Western countries. Possible explanations are the emphasis on the importance of equality...
Persistent link: https://www.econbiz.de/10005651707
This paper analyzes the marginal willingness to pay for changes in noise levels related to changes in the volume of flight movements at a city airport in Stockholm, Sweden,by using a choice experiment. When estimating marginal willingness to pay for different times of the day and days of the...
Persistent link: https://www.econbiz.de/10005651709
Using a contingent valuation survey, people’s willingness to pay for a given risk reduction is found to be much larger when traveling by air compared to by taxi. Follow-up questions revealed that an important reason for this discrepancy is that many experience a higher mental suffering from...
Persistent link: https://www.econbiz.de/10005651737
Using a choice experiment survey, the marginal willingness to pay (WTP) among Swedish households for reductions in power outages is estimated. The results from the random parameter logit estimation indicate that the marginal WTP increases with the duration of the outages, and is higher if the...
Persistent link: https://www.econbiz.de/10005651780
Using a contingent valuation survey, people's willingness to pay for a given risk reduction is found to be much larger, consistently more than two times as large, when traveling by air compared to by taxi. Follow-up questions revealed that an important reason for this discrepancy is that many...
Persistent link: https://www.econbiz.de/10005678121
Although conventional economic theory proposes that only the absolute levels of income and consumption matter for people's utility, there is much evidence that relative concerns are often important. This paper uses a choice experiment to measure people's perceptions of the degree to which such...
Persistent link: https://www.econbiz.de/10005683108
Persistent link: https://www.econbiz.de/10005684369
We experimentally investigate, using a dictator game, if the effects of windfall and earned endowments on behavior differ between men and women genders. In line with previous studies, we find that windfall endowments significantly increase the amount donated. The impact of moving from earned to...
Persistent link: https://www.econbiz.de/10008525392
Persistent link: https://www.econbiz.de/10005293822