Endowment effect theory, prediction bias and publicly provided goods – an experimental study [PDF]
Many studies report on a systematic disparity between the willingness to pay for a certain good (WTP) and the willingness to accept retribution payments in exchange for giving up this good (WTA).
Bischoff, Ivo
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Privatization Under Political Ties
The Journal of Industrial Economics, EarlyView.ABSTRACT I study a product differentiation model with endogenous entry where a politically connected public firm competes with a private one. Consumers are heterogeneous in their willingness to pay. I argue that—because of political ties—the public firm may mimic the preferences of the consumer with the median willingness to pay.
Matteo Broso
wiley +1 more source
Willingness to pay for environmental attributes of non-food agricultural products: a real choice experiment [PDF]
This paper investigates consumers’ willingness to pay (WTP) a price premium for two environmental attributes of a non-food agricultural product. We study individual preferences for roses associated with an eco-label and a carbon footprint using an ...
Llerena, D., Joly, I., Michaud, C.
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Journal of Risk and Insurance, EarlyView.Abstract Index insurance lowers agricultural risk but covers only covariate risks. Since farmers do not have complete insurance, they may develop mistrust of insurance when experiencing crop losses and not receiving payouts. Although recent innovations in remote sensing enable the provision of more complete insurance including coverage for ...
Berber Kramer +2 more
wiley +1 more source
Willingness to Pay for Temporary Transfusion Independence in Lower-Risk Myelodysplastic Syndromes: Evidence from a Cross-Sectional Study in China. [PDF]
Patient Prefer AdherenceYou Y +9 more
europepmc +1 more source
Estimating the willingness to pay for community healthcare insurance in rural Nigeria [PDF]
Health care financing in Nigeria is dominated by private out-of-pocket payment that is not affordable to the poor. This has greatly reduced access to quality health care for the predominantly rural poor. Insurance schemes as options for increasing access
John E. Ataguba +2 more
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Journal of Risk and Insurance, EarlyView.Abstract Most insurance decisions combine risk management and an intertemporal dimension. Yet while non‐canonical behavioral models have been applied extensively to the risk management aspect, they are mostly missing from the intertemporal component. We expand insurance demand theory by showing that individuals who perceive themselves as present‐biased
Andreas J. Dambaur +1 more
wiley +1 more source
Estimating Willingness to Pay Using a Polychotomous Choice Function: An Application to Pork Products with Environmental Attributes [PDF]
Bid data from a Vickrey auction for pork chops with embedded environmental attributes were analyzed. It was found that approximately 62% of the participants had a positive WTP for the most "environmentally friendly" package of pork. Thirty percent of the
Miller, Douglas J. +2 more
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Imputing Poverty Indicators Without Consumption Data: An Exploratory Analysis
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Accurate poverty measurement relies on household consumption data, but such data are often inadequate, outdated, or display inconsistencies over time in poorer countries. To address these data challenges, we employ survey‐to‐survey imputation to produce estimates for several poverty indicators including headcount poverty, extreme poverty ...
Hai‐Anh H. Dang +3 more
wiley +1 more source
Cost‐effectiveness analysis comparing advanced hybrid closed‐loop automated insulin delivery with multiple daily insulin injections and continuous glucose monitoring in adults with type 1 diabetes in Japan [PDF]
J Diabetes InvestigABSTRACT Aim The use of automated insulin delivery systems, including the MiniMed™ 780G advanced hybrid closed‐loop system, has been shown to improve glycemic management in people with type 1 diabetes (T1D). The aim was to assess the cost‐effectiveness of the MiniMed 780G system versus multiple daily injections (MDI) of insulin in combination with ...
Kodani N +7 more
europepmc +2 more sources