How much is too much? - An investigation of the effect of the number of choice sets, starting point and the choice of bid vectors in choice experiments

Submitted by admin on

In a split sample design, we examine how the number of choice sets, design of the first choice set (starting point), and the choice of attribute levels in the cost attribute affect the precision in the elicited preferences in otherwise completely identical choice experiment surveys.

Are demand elasticities affected by politically determined tax levels?

Submitted by admin on

Raising the price of fossil fuels is a key component of any effective policy to deal with climate change. Just how effective such policies are is decided by the price elasticities of demand. Many papers have studied this without recognising that not only is there a demand side response: quantities are decided by the price but also there is a reverse causality: the level of consumtion affects the political acceptability of the taxes which are the main component of the final price.

Climate Change, Policy Design