Posts

Showing posts with the label Publication

A Classroom Experiment on the Specific Factors Model

  Lin, Y. H.  (2021). A Classroom Experiment on the Specific Factors Model.  International Review of Economics Education , 100214.  [ downloadable ] (SSCI indexed) https://doi.org/10.1016/j.iree.2021.100214 Abstract This paper proposes a classroom experiment to illustrate the specific-factors model. In it, students act as decision-makers in an economy comprising two goods and three factors, and each is asked to maximize the value of marginal production by allocating his/her labor force between the two sectors. Through trading products, all players work as a whole economy in pursuit of higher welfare. From their individual perspectives, they can observe the impacts of relative price changes and international labor mobility on productivity and income distribution. The group perspective, meanwhile, reveals the gains arising from trade and welfare. Together with discussion of theoretical predictions, experimental results and case studies, this classroom experiment could ...

The Impact of Enhancements to Weather-forecasting Services on Agricultural Investment Behavior: A Field Experiment in Taiwan

  Lin, Y.-H. ; Lin, H.-I.; Wen, F.-I., Sheu, S.-J. (2021) “The Impact of Enhancements to Weather-forecasting Services on Agricultural Investment Behavior: A Field Experiment in Taiwan”  Weather, Climate, and Society , Vol. 13(2), pages: 211–226 . DOI:  https://doi.org/10.1175/WCAS-D-20-0101.1  (SSCI/SCI indexed) Abstract A better understanding of farmers’ investment strategies associated with climate and weather is crucial to protecting farming and other climate-exposed sectors from extreme hydro-meteorological events. Accordingly, this study employed a field experiment to investigate the investment decisions under risk and uncertainty by 213 farmers from four regions of Taiwan. Each was asked 30 questions that paired “no investment”, “investment with crop insurance”, “investment with subsidized crop insurance”, and “investment” as possible responses. By providing imperfect information and various probabilities of certain states occurring, the experimental scena...

The Influence of Reciprocity on Individual Decisions in a Climate Coalition Experiment

Lin, Y.-H. (2020). “The Influence of Reciprocity on Individual Decisions in a Climate Coalition Experiment” The Journal of Business, Economics, and Environmental Studies, Vol. 10(2): 5-15. [ downloadable ] (KCI indexed) Abstract  Purpose : This study examines the impact of individual reciprocal preferences on coalition formation. The reciprocal model considers a player’s own payoff, the player’s perception of others’ payoffs, and others’ perceptions of the player’s payoff. Research design, data and methodology : A reciprocal model is built to illustrate how reciprocity influences individual decisions in a coalition game and its formation. The prediction is examined with experimental evidences from a dictator game and a membership game. Results : The theoretical result suggests that the coalition formation could be unstable due to negative reciprocal kindness. The experimental findings support that negative reciprocal kindness could lead players participating in a coalition, ...

Consumer Preferences for Food Certification in Chicken Meat in Korea: A Discrete-Choice Experimental Study

Kim, K.-J.; Lin, Y.-H. (2020). “Consumer Preferences for Food Certification in Chicken Meat in Korea: A Discrete-Choice Experimental Study” 소비자학연구 ( Journal of Consumer Studies ), Vol. 31(1):41-63. [ downloadable ](Corresponding author, KCI indexed) Abstract The consumption of chicken has been the second-largest livestock product in South Korea. As concerns on food safety and environment-friendly, consumers are more careful about what they eat. Due to a unique food culture connected to the Korean chicken meat market, this study investigates consumers’ preferences regarding a chicken meat product by using a discrete-choice experiment (DCE) approach. Based on data collected both online and offline in the Greater Seoul area, the results show that consumers were willing to pay an average price of 8,722 KRW (7.50 USD) for a non-specific fried-chicken meal. Labels for domestic origin, organic certificate, hazard analysis and critical control points (HACCP) certificate, and antibiotic-fre...

How Social Preferences Influence the Stability of a Climate Coalition

Lin, Y.-H.  (2018).  “How Social Preferences Influence the Stability of a Climate Coalition”  Economics and Policy of Energy and the Environment , 2018(2): 151-166.  (SCOPUS indexed) Abstract This study examines the impact of social preferences on the individual incentives of participating in climate coalitions with laboratory experimental evidence. The theoretical prediction suggests that, when players are self-interested, a dominant strategy equilibrium could exist conditionally. Players could be either critical or non-critical to an effective coalition. However, inequality-aversion may reshape the coalition formation. The coalition size could be unstable, equal or larger than the dominant strategy equilibrium. The laboratory evidence in this study suggests that most players were inequality-averse and the coalition size was usually unstable but larger than the dominant strategy equilibrium. Nevertheless, the inequality-averse attitude was positively ass...

How does Altruism Enlarge a Climate Coalition?

  Lin, Y.-H.  (2018). “How does Altruism Enlarge a Climate Coalition?”  Journal of Environmental Management and Tourism , Vol. 9(3): 553-563. DOI: https://doi.org/10.14505//jemt.9.3(27).15 Full Article is available (click here) Abstract  This study examines the relationship between individual altruistic attitudes and the incentives of participating in a climate coalition by using a laboratory experiment. A dominant strategy solution design categorizes players into two roles in the game: critical and non-critical players. The critical players have a weakly dominant strategy of joining and are essential to an effective coalition. On the other hand, the non-critical players have a dominant strategy of not-joining. The theory suggests that strong altruism would lead non-critical players to join a coalition. The experimental evidence shows that coalitions could be enlarged from the self-interest prediction. However, the result indicates that the individual incent...

The Effect of Inequality Aversion on a Climate Coalition Formation: Theory and Experimental Evidence

Lin, Y.-H.  (2017) “The Effect of Inequality Aversion on a Climate Coalition Formation: Theory and Experimental Evidence.” In Cagatay, S. (Eds)  Economics of International Environmental Agreements: A Critical Approach . Routledge: UK. [ downloadable ] Abstract  This chapter examines the impact of inequality-averse attitudes on the individual incentives of participating in international environmental agreements by a laboratory experiment. The experimental result shows that inequality-averse attitudes have a significantly positive impact on the incentives of participation. Particularly, when they are non-critical players, egalitarians are likely to give up the free riding benefit by joining a coalition. It helps us to understand the coalition formation in the international conventions.

Willingness to Pay for Government Certified Agri-products in South Korea

Lin, Y.-H. ; Kim, K.-J. (2017) “ Willingness to Pay for Government Certified Agri-products in South Korea ”,  소비문화연구  ( Journal of Consumption Culture ). Vol. 20(4): 139-160.  [ download able ] 한국어초록  본 연구에서는 다양한 정부인증마크가 부착된 농축산물에 대한 소비자 지불의도를 파악하고자 하였다. 이를 위해 수도권 지역 주부 소비자 306명을 설문지를 이용한 대면면접 방식으로 조사하였다. 조사대상 농축산 물은 곡류(쌀), 과일(사과), 채소(배추), 축산물(쇠고기)를 선정하고 인증마크가 없는 농축산물의 기준가격을 제시한 다음 유기농 마크와 우수농산물마크(GAP), 지리적 표시(GIS) 생산자이력추적 표시(APTMS)가 부착된 농축산물에 대한 추가지불의도(WTP)를 각각 측정하였다. 조사결과 인증마크가 부착된 농축산물에 대한 추가지불의도는 인증마크 미부착 농축산물에 비해 7~32% 높게 나타났다. 인증마크별로는 유기농 인증에 대한 지불의사가 가장 높았고 품목별로는 축산물에 대한 지불의사가 가장 높았다. 인증마크와 품목별 지불의사에 영향을 미치는 요소들도 또한 분석하였다. Abstract This study has investigated the associations between consumers’ preferences and their WTP for government-certified agri-products. The results show that such WTP ranged from 110 % of the baseline price (for rice) to 123 %t (for beef); and that the average WTP across all the product and certificate types was 116 % of t...

Sustainability and International Environmental Agreements

Lin,Y.-H.  (2015) “Sustainability and International Environmental Agreements”,  Environmental and Resource Economics Review . Vol. 24 (2): 251-281.  http://dx.doi.org/10.15266/KEREA.2015.24.2.251 Abstract  This paper examines the perceptions of sustainability, which is conceptualised as cross-generational social preferences, on the formation of international environmental agreements (IEAs) in a two-stage game in two periods. There are two scenarios are considered: myopic and sustainable development scenarios. The myopic scenario assumes the decision makers only concern the present welfare. Whilst the scenario of sustainable development has two characters: cross-generational fairness and altruism. When both are taken into account, a coalition will be expanded. The numerical example indicates that the marginal cost of the total emissions is the crucial factor for the formation of IEAs. Only when the marginal cost is low, a sustainable system can be succeeded. Wh...