scholarly journals Understanding the Determinants of Consumers’ Willingness to Pay for Eco-Labeled Products: An Empirical Analysis of the China Environmental Label

2012 ◽  
Vol 05 (01) ◽  
pp. 87-94 ◽  
Author(s):  
Junyi Shen
Keyword(s):  
Willingness To Pay ◽  
Empirical Analysis ◽  
Environmental Label

scholarly journals An exploratory empirical analysis of willingness to pay for and use flying cars

2020 ◽  
Vol 104 ◽  
pp. 105993 ◽  
Author(s):  
Ugur Eker ◽  
Grigorios Fountas ◽  
Panagiotis Ch. Anastasopoulos
Keyword(s):  
Willingness To Pay ◽  
Empirical Analysis

An empirical analysis of a telehealth system in terms of cost-sharing

2003 ◽  
Vol 9 (1_suppl) ◽  
pp. 41-43 ◽  
Author(s):  
Masatsugu Tsuji ◽  
Wataru Suzuki ◽  
Fumio Taoka
Keyword(s):  
Willingness To Pay ◽  
Empirical Analysis ◽  
Cost Sharing ◽  
Functional Form ◽  
Medical Expenditures ◽  
Health Consciousness ◽  
Best Estimate ◽  
Home Telemonitoring

summary We interviewed 348 users of a home telemonitoring system and asked questions about their willingness to pay (WTP). Assuming that the functional form of demand was logistic, the best estimate of the WTP was ¥4519 per user per month. We also analysed how the benefits of the system (expressed in terms of WTP) were attributed to four factors: stabilizing illness; enhancement of health consciousness; less anxiety in day-to-day life; and a decrease in medical expenditures. All except the last were significant. According to the resulting model, individual users should bear ¥2763 in costs, while society should reimburse ¥349. Surprisingly, the value of ¥2763 obtained here is very close to the amount (¥2500) actually charged by Kamaishi City.

Subjective Time Preference and Willingness to Pay for an Energy-Saving Durable Good

2001 ◽  
Vol 32 (3) ◽  
pp. 133-141 ◽  
Author(s):  
Gerrit Antonides ◽  
Sophia R. Wunderink
Keyword(s):  
Willingness To Pay ◽  
Energy Saving ◽  
Subjective Time ◽  
Durable Good ◽  
Discount Function ◽  
Hyperbolic Discount ◽  
The One ◽  
Two Parameter ◽  
Difference Effect ◽  
Better Than

Summary: Different shapes of individual subjective discount functions were compared using real measures of willingness to accept future monetary outcomes in an experiment. The two-parameter hyperbolic discount function described the data better than three alternative one-parameter discount functions. However, the hyperbolic discount functions did not explain the common difference effect better than the classical discount function. Discount functions were also estimated from survey data of Dutch households who reported their willingness to postpone positive and negative amounts. Future positive amounts were discounted more than future negative amounts and smaller amounts were discounted more than larger amounts. Furthermore, younger people discounted more than older people. Finally, discount functions were used in explaining consumers' willingness to pay for an energy-saving durable good. In this case, the two-parameter discount model could not be estimated and the one-parameter models did not differ significantly in explaining the data.

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