How do people discount over spatial distance?

DOI

This paper studies how individuals discount the utility they derive from their provision of goods over spatial distance. In a controlled laboratory experiment in Germany, we elicit preferences for the provision of the same good at different locations. To isolate spatial preferences from any other direct value of the goods being close to the individual, we focus on goods with "existence value." We find that individuals put special weight on the provision of these goods in their immediate vicinity. This "vicinity bias" represents a spatial analogy to the "present bias" in the time dimension.

Identifier
DOI https://doi.org/10.15456/ger.2022325.152729
Metadata Access https://www.da-ra.de/oaip/oai?verb=GetRecord&metadataPrefix=oai_dc&identifier=oai:oai.da-ra.de:774987
Provenance
Creator Bruttel, Lisa Verena; Ziemann, Niklas
Publisher ZBW - Leibniz Informationszentrum Wirtschaft
Publication Year 2022
Rights Creative Commons Attribution 4.0 (CC-BY); Download
OpenAccess true
Contact ZBW - Leibniz Informationszentrum Wirtschaft
Representation
Language English
Resource Type Collection
Discipline Design; Economics; Fine Arts, Music, Theatre and Media Studies; Humanities; Social and Behavioural Sciences