This paper examines consumers' intended adoption of a digital euro in Austria using a discrete choice experiment. We estimate a mixed logit model to quantify the role of key attributes such as privacy, offline functionality, security against financial loss, monetary incentives, and payment form...

Randomized controlled trials remain underutilized in informing policy design, despite their potential. Moral objections to experimentation ("experiment aversion") have been proposed as an explanation. We present three studies with members of the general public and policy-makers that allow us to...

This paper examines preferences for gender diversity among co-workers. Using stated-choice experiments with 5,400 PhD students and university students in Germany, we uncover a substantial willingness to pay (WTP) for gender diversity of up to 5% of earnings on average. Importantly, we find that...

Inspired by the controversial public and political debate in the European Union (EU) about legal initiatives to protect human rights and the environment along supply chains (e.g., the Corporate Sustainability Due Diligence Directive, CSDDD), this paper examines individual preferences for...

I analyze Dutch survey data that contains rich information on political preferences, personality traits, and socioeconomic background. I show that voting and political opinions are better predicted by personality and economic preferences than by a rich set of socioeconomic characteristics....

This paper examines preferences for gender diversity among co-workers. Using stated-choice experiments with 5,400 PhD students and university students in Germany, we uncover a substantial willingness to pay (WTP) for gender diversity of up to 5% of earnings on average. Importantly, we find that...

The ability of countries in Latin America to achieve net zero greenhouse gas (GHG) emissions by mid-century, the target set by the Paris Agreement, will depend critically on citizen support. To gauge this support, we administered a contingent valuation survey to representative samples in seven...

With the growing adoption of electric vehicles, understanding user charging behavior is increasingly important for informing operational, investment, and policy decisions regarding their integration into the power system. While utility functions are commonly used to describe user preferences in...

The measurement of preferences often relies on surveys in which individuals evaluate hypothetical scenarios. This paper proposes and validates a novel factorial survey tool to measure fairness preferences. We examine whether a non-incentivized survey captures the same distributional preferences...

We develop a nonparametric and ordinal approach for testing pure strategy Nash equilibrium play in games with monotone best responses, such as those with strategic complements/substitutes. The approach makes minimal assumptions on unobserved heterogeneity, requires no parametric assumptions on...

The measurement of preferences often relies on surveys in which individuals evaluate hypothetical scenarios. This paper proposes and validates a novel factorial survey tool to measure fairness preferences. We examine whether a non-incentivized survey captures the same distributional preferences...

We propose and axiomatize a new model of incomplete preferences under uncertainty, which we call hope-and-prepare preferences. An act is considered more desirable than another when, and only when, both an optimistic evaluation, computed as the welfare level attained in a best-case scenario, and...

Welfare economics relies on access to agents' utility functions: we revisit classical questions in welfare economics, assuming access to data on agents' past choices instead of their utilities. Our main result considers the existence of utilities that render a given allocation Pareto optimal. We...

The objective of the research is to examine the effects of product attributes on consumers' willingness to pay (WTP) for organic oranges in the Mekong Delta and estimate the consumers' WTP for each attribute. The study used survey data from 413 households in the Mekong Delta from March 2022 to...

Corporate social responsibility and the private provision of (global) public goods are of key interest to economists and policymakers. Over the last few years, many more private companies made their operations carbon neutral. It is an empirical question how consumers value carbon-neutral and...

According to a widely shared view, the development of demand theory in the first half of the twentieth century was heavily influenced by the anti-psychological attitudes of economists. I call this view 'anti-psychologist thesis,' and I criticize it on several grounds. I propose an alternative...

An exploratory visit to the rural-urban interface of Bengaluru city revealed that dairy producers with larger herd size and potentially stable income preferred to sell to the cooperative whereas those producers with minuscule herd size (upto two cattle) stated a preference to sell to urban...

Background Barriers to utilization of sexual and reproductive health (SRH) services by adolescents and young people (AYP) have persisted despite evidence that youth-friendly services have a positive effect on contraceptive use, and patient knowledge and satisfaction. Objective The objective of...