The chocolate supply chain exemplifies the social and environmental challenges within global food systems. Growing awareness of environmental impact and ethical production practices is increasingly shaping consumer choices and influencing food policy. This highlights the need for an integrated...

Advocating for low-carbon residential energy usage is crucial for attaining China's carbon neutrality objectives. This study utilizes a stratified survey of 741 households in Zhongshan to investigate the interplay between educational attainment and environmental responsibility awareness in...

Behavioral design in smartphone apps aims at inducing certain, monetizable behavior, mainly increased engagement, measurable by usage time. Such design is rarely transparent and often restricts users' ability to make alternative choices. In a framed field experiment, we document that behavioral...

Switzerland features strong socio-economic segregation and no formal school choice, making residential relocation the only channel through which parents can access preferred schools. Identifying how parents value school attributes is therefore essential but challenging, given that choices bundle...

Switzerland features strong socio-economic segregation and no formal school choice, making residential relocation the only channel through which parents can access preferred schools. Identifying how parents value school attributes is therefore essential but challenging, given that choices bundle...

This paper has explored heterogeneous individual valuations of an important amenity, climate mildness, using a traditional Rosen-Roback empirical framework. It does so by including interaction terms between the amenity and worker characteristics in an hedonic wage regression that also include a...

Artificial intelligence (AI) is rapidly reshaping society, including the music industry. Recent advancements in generative AI enable users to create music from text-based prompts, raising questions about public perception and valuation of AI-generated music. We conducted three studies with...

In tight labour markets, where employers compete not only on wages but also on amenities such as job family friendliness, employer-provided childcare arrangements serve as a powerful tool to attract and retain working parents. Yet little causal evidence exists on how employees evaluate such...

We study how individuals in six Latin American countries value public versus private provision of education and healthcare using a survey experiment. Respondents were randomly assigned to vignettes that vary income, service quality, and provider type. Perceived quality is the main driver of...

We estimate consumer preferences for "Buy Now, Pay Later" (BNPL) using a large-scale probabilistic stated choice survey experiment. Average willingness to pay (WTP) for the standard BNPL bundle is negative, but younger, lower-income, and less credit-worthy consumers exhibit higher demand. The...

Switzerland features strong socio-economic segregation and no formal school choice, making residential relocation the only channel through which parents can access preferred schools. Identifying how parents value school attributes is therefore essential but challenging, given that choices bundle...

Behavioral design in smartphone apps aims at inducing certain, monetizable behavior, mainly increased engagement, measurable by usage time. Such design is rarely transparent and often restricts users’ ability to make alternative choices. In a framed field experiment, we document that...

This study introduces a novel quantitative method to assess the willingness to pay for emerging technologies, such as hydrogen, as substitutes for fossil fuels in industrial production. A three-step framework is developed to derive the willingness-to-pay function based on industrial competition...

In an experiment on the large language model GPT-4o, a supplier always makes a higher profit if it replaces uniform contract terms with a set of terms between which the customer may choose. The extra profit results from price discrimination. There is a first order and a second order effect. The...

Despite widespread concern about climate change, voluntary mitigation efforts often fail to maximize impact. In two online experiments (n = 1, 500), we elicit willingness to mitigate (WTM) by allowing subjects to delete actual CO2 allowances and examine how they allocate the WTM between their...

This study examines the willingness to pay (WTP) for fully-simulated virtual reality (VR) concerts. The results indicate that the intention to purchase (IP) concert tickets is strongly influenced by payment attitudes, followed by perceived behavioral control (PBC) and subjective norms (SN)....

Microtransit, or app-based collective transport, is a passenger transport service typically offered in medium-capacity vehicles using mobile phone apps. This service provides the advantages of public transport, allowing for more efficient use of vehicles, offering new opportunities to improve...

Economic narratives are pervasive in the public discourse and can shape individual behavior. But so far we know very little about whether households actually demand and value narratives as information. We combine a comprehensive expert survey with a large-scale nationally representative...

Economic narratives are pervasive in the public discourse and can shape individual behavior. But so far we know very little about whether households actually demand and value narratives as information. We combine a comprehensive expert survey with a large-scale nationally representative...

Herein, we further examine how we can value nonmarket goods and services by considering the costs associated with environmental conflicts. Focusing on two American rules-the asymmetric reimbursement system and the contingent fee contract-we develop a strategic game-theoretic model in which a...

This study investigates consumer preferences for passenger battery electric vehicles and their joint adoption with a residential solar photovoltaic system in Greece, where electric vehicle uptake remains low. Using discrete choice experiments, we analyse the preferences of 891 potential car...

This study assesses the incentive compatibility of different elicitation formats for estimating willingness to accept (WTA) in the field. We assess the convergent validity of standard and theorydriven (i.e. based on mechanism-design theory) versions of the double-bounded binary choice (DB) and...

Economic narratives are pervasive in the public discourse and can shape individual behavior. But so far we know very little about whether households actually demand and value narratives as information. We combine a comprehensive expert survey with a large-scale nationally representative...

This paper surveys beliefs about the climate impact of green investing among academic experts and retail investors. Using the views of academic experts as a benchmark, we show that retail investors have overly optimistic climate impact beliefs. While most academic experts do not believe that a...

The analysis carried out in this work shows that sustainable investment decisions aimed at SDG 7 are mainly driven by objective financial attributes, especially the level of risk and the type of providing institution. The empirical analysis is based on 873 valid responses, balanced by gender and...