We propose a new specification of the MNL model that avoids the problems with standard error of the WTP calculated as a ratio of estimated variables (the problem manifests itself in small samples).
2018-12-20 – 'Personality and Economic Choices' forthcoming in Journal of Environmental Economics and Management
Do preferences for environmental goods depend on people's personality types? We test psychological theory predictions using data from three different empirical studies.
We study public preferences for various attributes of alternative fuel vehicles and selected policies to promote their uptake.
We point to different effects of policy and payment consequentiality in stated preferene surveys.
The paper reports on a neat experiment, in which we exogeously vary the amount of information provided to people with various levels of a priori information, in the context of flood protection in Scotland.
In this paper we investigate, if presenting the effects of policy options as uncertain influences people's preferences. It does, and the effects depend on whether gains or loses are considered.
Reversing the status of a highly disturbed marine ecosystem - lessons from science-based and cross-border management of the Baltic Sea.
We demonstrate the extent of incentives for incumbent mobile phone operators to increase off-net pricing to an entrant's network and discuss the resulting consequences for customer base growth and regulation.