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on Discrete Choice Models |
| By: | Svensson, Mikael (Dept. of Economics); Persson, Mattias (Örebro University) |
| Abstract: | We use a discrete choice experiment conducted in Sweden to elicit the willingness to pay (WTP) to reduce school bullying. The estimations indicate a mean marginal WTP of 5.95 to 8.48 Swedish kronor (€0.66 to €0.95), which implies that the aggregate WTP for each reduced statistical victim of bullying (the value of a statistical bullying-victim - VSBV) is 585,090 to 835,280 Swedish kronor (€65,446 to €93,431). The results may be used to conduct economic evaluations of antibullying programs, with an example shown in this paper, and provide policymakers with useful information on taxpayers’ preferred allocations to antibullying programs |
| Keywords: | Willingness to Pay; Discrete Choice Experiment; Bullying; School; Adolescents |
| JEL: | D61 I12 I21 |
| Date: | 2012–04–02 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:kaunek:0003&r=dcm |
| By: | Emmanouil Mentzakis; Jingjing Zhang |
| Abstract: | This study compares individual preferences across incentives (i.e., hypothetical vs. real incentives) and over time (i.e. elicitation at two different points in time) in a choice experiment involving charitable donating decisions. We provide evidence of hypothetical bias but little evidence of instability of individual giving. There is significant heterogeneity in individual preferences, with real incentives either dampening or pronouncing the observed donating behaviour. Neither hypothetical bias nor instability is observed when we examine the propensity of individuals to make internally consistent decisions over identical choices. |
| Keywords: | Individual preference, hypothetical bias, time inconsistency, discrete choice experiments, charitable donations |
| JEL: | C91 D11 D91 H40 |
| Date: | 2012–04 |
| URL: | http://d.repec.org/n?u=RePEc:zur:econwp:070&r=dcm |