Working Papers

The WNE Working Papers series has been published by the Faculty of Economic Sciences at the University of Warsaw since 2008.

The WNE Working Papers series provides a fast, open channel for disseminating research conducted at the Faculty of Economic Sciences, University of Warsaw. The papers hosted here are working versions (pre-prints) and may evolve as authors refine their analyses, incorporate feedback, or progress through formal peer-review. What you read is the current version released by the authors, timestamped and assigned DOI/ISSN identifiers to ensure precise citation and version tracking. Copyright remains with the authors, who may, at any time, upload a revised file or add a note directing readers to a later, peer-reviewed publication.

The Working Papers series accepts articles by research employees of the Faculty and publications from conferences organised at the Faculty of Economic Sciences at the University of Warsaw. Articles should be original research papers which have not been previously published, on the subject of economics.

Please send your paper by e-mail: P'Vm/x[|J%GiKFb2swCHIoQY!N^]#[HrIYsgCm'r&\?]Z{Y$5@RU2O.?K 

Please send 2 files:

(1) the main text without the title of the article and the authors (DOC/DOCX file) and

(2) the title page including: the title of the paper, the authors and their affiliation (DOC/DOCX file).

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Number of Results 2

WP(19/2018)278. Impact of beliefs about negative effects of wind turbines on preference heterogeneity regarding renewable energy development in Poland

Authors: Bartczak Anna, Budziński Wiktor, Gołębiowska Bernadeta
We investigate individuals' preferences for renewable energy development in Poland. Our main objective is to examine whether preferences for avoiding externalities from renewable energy development near respondents' place of residence are inf…

WP278. Impact of beliefs about negative effects of wind turbines on preference heterogeneity regarding renewable energy development in Poland

We investigate individuals' preferences for renewable energy development in Poland. Our main objective is to examine whether preferences for avoiding externalities from renewable energy development near respondents' place of residence are influenced by their personal beliefs about the negative effects of wind turbine activity. We focus on attitudes towards wind power because it has had the most dynamic development among all renewable energy sources in Poland. To elicit values on avoiding renewable energy externalities, we use a choice experiment (CE) approach. To conduct our analysis we applied a theoretically robust econometric approach, the hybrid mixed logit model. From our analysis of data from a large sample of the Polish population, we find that beliefs about wind turbine have distinct negative effects on respondents' preferences concerning renewable energy development. Respondents who generally have an opinion about potential wind turbine effects would like to have input on renewable energy development in their neighbourhood. Latent beliefs that wind power is not harmful enhance respondents' preferences for implementing a wind energy project and enhance preferences against solar power development. These beliefs appears to be significantly correlated with respondents' marginal utility of money.


DOI: http://doi.org.10.26405/WP/WNE/2018/278/019
Bartczak Anna, Budziński Wiktor, Gołębiowska Bernadeta
beliefs about negative effects choice experiment preference heterogeneity renewable energy externalities stated preferences

WP(30/2013)115. The Value of Familiarity: Effects of Experience, Knowledge and Signals on Willingness to Pay for a Public Good

Authors: LaRiviere Jacob, Czajkowski Mikołaj, Hanley Nick, Aanesen Margrethe, Falk-Petersen Jannike, Tinch Dugald
This paper compares how increases in experience versus increases in knowledge about a public good affect willingness to pay (WTP) for its provision. This is challenging because while consumers are often certain about their previous experiences with a…

WP115. The Value of Familiarity: Effects of Experience, Knowledge and Signals on Willingness to Pay for a Public Good

This paper compares how increases in experience versus increases in knowledge about a public good affect willingness to pay (WTP) for its provision. This is challenging because while consumers are often certain about their previous experiences with a good, they may be uncertain about the accuracy of their knowledge. We therefore design and conduct a field experiment in which treated subjects receive a precise and objective signal regarding their knowledge about a public good before estimating their WTP for it. Using data for two different public goods, we show qualitative equivalence of the effect of knowledge and experience on valuation for a public good. Surprisingly, though, we find that the causal effect of objective signals about the accuracy of a subject's knowledge for a public good can dramatically affect their valuation for it: treatment causes an increase of $150-$200 in WTP for well-informed individuals. We find no such effect for less informed subjects. Our results imply that WTP estimates for public goods are not only a function of true information states of the respondents but beliefs about those information states.


LaRiviere Jacob, Czajkowski Mikołaj, Hanley Nick, Aanesen Margrethe, Falk-Petersen Jannike, Tinch Dugald
Information Beliefs Field Experiment Valuation Uncertainty Choice Experiment
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