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The Willingness to Pay-Willingness to Accept Gap Revisited: The Role of Emotions and Moral Satisfaction
(2011-04)
While many earlier studies have found that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, more recent experimental evidence suggests ...
Funding a New Bridge in Rural Vietnam: A field experiment on conditional cooperation and default contributions
(2011-05)
The ability to provide public goods is essential for economic and social development, yet there is very limited empirical evidence regarding contributions to a real local public good in developing countries. This paper ...
Self-Image and Valuation of Moral Goods: Stated versus Real Willingness to Pay
(2011-01)
Hypothetical bias in stated-preference methods appears sometimes to be very large, and other times non-existent. This is here largely explained by a model where people derive utility from a positive self-image associated ...
Does Environmental Economics Produce Aeroplanes Without Engines? - On the Need for an Environmental Social Science
(2011-01)
In this paper we first critically review conventional environmental economics. We conclude that the standard theory offers too narrow a perspective for many real world problems and that many theories are not empirically ...
Animal Welfare and Social Decisions
(2011-01)
This paper analyzes the standard welfare economics assumption of anthropocentric welfarism, i.e., that only human well-being counts intrinsically. Alternatives where animal welfare matters intrinsically are explored ...