全球智库信息集成服务系统(G2TT): DP6592 Investment and Usage of New Technologies: Evidence from a Shared ATM Network

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP6592
	DP6592 Investment and Usage of New Technologies: Evidence from a Shared ATM Network
	Hans Degryse; Frank Verboven; Stijn Ferrari
发表日期	2007-12-23
出版年	2007
语种	英语
摘要	A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally greater when the deviation represents a loss than when the same-sized change is perceived as a gain. As far as is known, this paper is the first to use a DCE to test the loss aversion theory. A DCE appears to be a highly suitable tool for this testing because it estimates the marginal valuations of attributes, based on deviations from a reference point (a constant scenario). Moreover, loss aversion can be examined for each attribute separately. A DCE can also be applied to non-traded goods with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested within the context of preference structures for maternity-ward attributes, estimated using data entailing 3850 observations from a sample of 542 women who recently gave birth. Seven hypotheses are presented and tested. Overall, significant support for behavioural loss aversion theories was found.
主题	Labour Economics
关键词	Preferences Attributes Loss aversion Reference-dependence Discrete choice experiment Maternity-wards
URL	https://cepr.org/publications/dp6592
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/535455
推荐引用方式 GB/T 7714	Hans Degryse,Frank Verboven,Stijn Ferrari. DP6592 Investment and Usage of New Technologies: Evidence from a Shared ATM Network. 2007.