ORCID Profile
0000-0002-5572-8459
Current Organisation
Monash University
Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the Feedback Form.
Publisher: Elsevier BV
Date: 08-2019
Publisher: Wiley
Date: 12-01-2011
Publisher: Wiley
Date: 18-12-2022
Abstract: The recent stated preference literature emphasises the importance of incentive compatible elicitation methods, which depend on respondent beliefs that payment can be collected if provision occurs. We investigate this condition in a randomised field experiment where stated choices are incentivised financially. The objective of the treatment was to make choices salient by making each decision financially relevant and to increase the respondents' beliefs that future payments will be enforced. Our results show that the treatment increases estimates of the marginal utility of income, with the effect being economically and statistically significant for low‐income respondents. We develop a stylised theoretical framework that allows us to quantify the bias that is implied by the observed differences between the treated and control groups. We find that failure to account for respondents' doubts about payment coercion in an otherwise well‐designed survey inflates the marginal willingness to pay among low‐income respondents by a factor of at least 1.72.
Publisher: Wiley
Date: 06-05-2016
DOI: 10.1093/AJAE/AAV014
Publisher: Elsevier BV
Date: 11-2014
Publisher: The Econometric Society
Date: 2022
DOI: 10.3982/QE1597
Abstract: A multivariate GARCH model of natural resources is specified to capture the effects of time varying portfolio risk. A special feature of the model is the inclusion of realized volatility for natural resource assets that are available at multiple frequencies as well as being sensitive to sudden changes in climatic conditions. Natural resource portfolios under climate change are simulated from bootstrapping schemes as well as being derived from global climate model projections. Both approaches are applied to a multiasset water portfolio model consisting of reservoir inflows, rainwater harvesting, and desalinated water. The empirical results show that while reservoirs remain the dominant water asset, adaptation to climate change involves increased contributions from rainwater harvesting and more frequent use of desalinated water. It is estimated that climate change increases annual water supply costs by between 7% and 44% over a 20‐year forecast horizon.
Publisher: Elsevier BV
Date: 03-2007
Publisher: Elsevier BV
Date: 07-2001
Publisher: Elsevier BV
Date: 07-2009
Publisher: American Geophysical Union (AGU)
Date: 06-2017
DOI: 10.1002/2016WR019776
Location: United Kingdom of Great Britain and Northern Ireland
No related grants have been discovered for Anke Leroux.