Search results for "WILLINGNESS TO PAY"
showing 10 items of 85 documents
Workers' Valuation of the Remaining Employment Contract Duration
2007
This paper introduces and applies a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with a remaining contract of 6 months is willing to pay about 10% of the wage to increase the contract by one month.
Intention of coastal communities to support climate change mitigation policies for fish and marine ecosystem preservation
2021
Purpose This paper aims to assess the willingness of individuals living in coastal communities affected by climate change to financially support mitigation policies towards the preservation of marine ecosystems and fish resources and to identify the key drivers of their behaviour. Design/methodology/approach A survey was carried out involving 994 people living in three main Italian coastal communities. To investigate the main factors affecting Italian coastal communities’ willingness to pay (WTP) to support climate change mitigation measures to protect the marine ecosystem and fishery resources, a Tobit regression model was implemented. Findings The results show that these communities are …
The Effect of Advanced Traveller Information Systems (ATIS) on public transport demand and its uncertainty
2009
Advanced Traveller Information Systems (ATISs) include a broad range of advanced computer and communication technologies. These systems are designed to provide transit riders pre-trip and real-time information, to make better informed decisions regarding their mode of travel, planned routes and travel times. ATISs include in-vehicle displays, terminal or wayside based information centres, information by phone or mobile and internet. In this article, a Stated Preference survey has been carried out in order to know the preferences of public transport’s customers related to different ATISs and their willingness to pay in Palermo. An ordered probit demand model has been calibrated to determine …
Sustainable Value Creation in the Food Chain: A Consumer Perspective
2020
The growth of diet-related diseases is becoming an important societal concern and a challenge for a more sustainable society. This has developed important trends in food consumption, including the increasing demand for food with a natural attribute and with health claims (e.g., enriched food). Consumers tend to evaluate these two attributes as superior ones and tend to pay a premium price for them. Accordingly, the value added by producers also will upturn if they take into consideration the consumers&rsquo
Evaluation of payment for ecosystem services in Mediterraneanforest: An empirical survey
2016
Abstract The relationship between humans and the forest has always been an important element, sometimes characterizing in the history of man himself. During the last years, the socio-economic context is profoundly changed, diversifying economic services provided by the forest. In the past, in fact, the primary function of the forest was the firewood production, while nowadays it grants several socio-economic benefits such as climate change mitigation, soil protection, protection and conservation of biodiversity, landscaping and recreational value. So, in recent decades a new type of socio-economic interest was developed in order to create a market of goods and services for the forests, call…
Valuing public acceptance of alternative-fuel buses using a Latent Class Tobit model: A case study in Valencia
2020
Abstract The introduction of hybrid electric technology for urban public transportation can be considered a valuable stepping stone to low-carbon mobility. Using the contingent valuation method, a sample of 427 respondents were asked about their willingness to pay for the air pollution reductions associated to a scenario of gradual introduction of hybrid electric buses in Valencia, Spain. Results show that 67% of the respondents are willing to pay extra for the adoption of this electric hybrid technology, being the mean willingness to pay € 0.33 per single bus fare. This would imply a 22% hypothetical increase in current bus fares and shows that public acceptance is critical for the success…
THE ECONOMIC VALUE OF THE EXTERNALITIES ASSOCIATED WITH CULTURAL GOODS
2001
This study examined the economic value of the externalities associated with cultural goods. The purpose of this study is to clarify the willingness to pay to maintain the Central Finland museum of the ones which had filled a 18 year of Jyväskylä inhabitants and of factors which affect a payment willingness. From dichotomous choice valuation (DC-method) data we have estimated the cumulative probability density function (cdf). From estimated cdf we can calculate welfare measures such as median of the estimated distribution of CV. The study found firstly that the surplus of the consumer is thus 1.17 MFIM measured on the basis of the median value. In the respondents' opinion the value of the C…
German Marathon Runners' Opinions on and Willingness to Pay for Environmental Sustainability
2021
Research on sustainability and/in sport and, specifically, on the ecological aspects of participatory sporting events is still very scarce despite the recognition these topics have received by actors like, for instance, the European Commission and the United Nations. Against this backdrop, this paper sheds light on a field that is virtually uncharted in academic research, which is the environmental attitudes and willingness to pay for environmental sustainability of participants in participatory sporting events in Europe. In collaboration with the organizer of the Frankfurt Marathon, a study was conducted with a specific focus on German (speaking) marathon runners. In total 1764 data sets w…
Cost-effectiveness of a multi-professional case management experiment in Finnish labor market services
2020
The study undertook an economic evaluation of a multi-professional case man-agement intervention targeted at long-term unemployed Finns. The cost-effectiveness outcome of the intervention was analyzed in a matched case-control study framework involving a six-month follow-up. Effectiveness was measured by standardized quality of life indicators, and an indicator measuring personal capabilities. Individual level costs were derived from health and social services utilization data. Cost-effectiveness of the intervention was examined in relation to services as usual. The studied labor market intervention was associated with a positive change in the selected quality of life indicators; physical a…
Europeans' willingness to pay for ending homelessness: A contingent valuation study.
2020
The purpose of this study is to assess the utility value European citizens put on an innovative social program aimed at reducing homelessness. The Housing First (HF) model involves access to regular, scattered, independent and integrated housing in the community with the support of a multidisciplinary team. Currently, HF is not implemented by most European countries or funded by healthcare or social plans, but randomised controlled trials have stressed significant results for improved housing stability, recovery and healthcare services use. The broader implementation of HF across Europe would benefit from a better understanding of citizens' preferences and "willingness to pay" (WTP) for med…