We show that while hybrid choice models control for measurement error, dealing with endogeneity requires explicit accounting for in the model. We demonstrate the extent of the bias resulting from measurement error and endogeneity and propose new specifications of a hybrid model that account for different kinds of endogeneity.
We propose a theoretical model of positive and negative externalities associated with outdoor advertising and estimate the value of its reductions in Warsaw (1.7 to 4.1 million EUR per year for free-standing ads and 5.5 – 9.3 million EUR per year for advertising on buildings).
We test the performance of ex-ante (cheap talk) and ex-post (option to modify responses) measures to account for hypothetical and/or strategic bias. The econometric analysis makes use of innovative semi-parametric logit-mixed logit in addition to the state-of-the-art mixed logit model.
We study Tanzania pastoralis' preferences and WTP for a new vaccine for MCF disease of their cattle. Vaccine's characteristics and price can be used to predict consumers' choices when the product is made available in the market, which we will verify in the near future.
This multidisciplinary study investigates the potential gains in cost-effectiveness from changing the spatial scale at which nutrient reduction targets are set for the Baltic Sea, focusing on nutrient loadings associated with agriculture. A novel highly disaggregated model, which represents decreases in agricultural profits, changes in root zone N concentrations and transport to the Baltic Sea is proposed, and is then used to estimate the gains in cost-effectiveness from changing the spatial scale of nutrient reduction targets. The results have important implications for both domestic and international policy design for achieving water quality improvements where non-point pollution is a key stressor of water quality.
This study looks at public preferences in Finland for conserving agricultural genetic resources. We investigate the demand for and the effects of information about unfamiliar public goods.
This is our new textbook combining state-of-the-art guidance on design, implementation and data analysis for discrete choice experiments.