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Economic Freedom and Growth:Decomposing the Effects
(2001)
Most studies of the relation between economic freedom and growth of GDP have found a positive relation. One problem in this area is the choice of economic freedom measure. A single measure does notreflect the complex ...
Using Choice Experiments for Non-Market Valuation
(2001)
This paper provides the latest research developments in the method of choice experiments applied to
valuation of non-market goods. Choice experiments, along with the, by now, well-known contingent
valuation method, are ...
How Much Do We Care About Absolute Versus Relative Income and Consumption?
(2001)
We find, using survey-experimental methods, that most individuals are concerned with
both relative income and relative consumption of particular goods. The degree of
concern varies in the expected direction depending on ...
Policy Implications and Analysis of the Determinants of Travel Mode Choice: An Application of Choice Experiments to Metropolitan Costa Rica
(2001)
In this paper we study a group of policies aimed at discouraging the use of private transportation during peak hours, both directly and indirectly, by increasing the attractiveness of the only available substitute, the ...
Are people inequality averse or just risk averse?
(2001)
Individuals' preferences for risk and inequality are measured through experimental choices between hypothetical societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality ...
Measuring hypotheticalgrandparents preferences for quality and relative standings
(2001)
Individuals' aversion to risk and inequality, and their concern for relative standing, are measured through experimental choices between hypothetical societies. It is found that on average individuals are both fairly ...
SMOKERS DECISIONS TO QUIT SMOKING
(2001)
We investigate the effectiveness of different smoking policies on the decision to quit smoking
using a choice experiment on a sample of habitual smokers. Our results indicate that restricted
availability, increased ...