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The Valuation of Leisure Time-Experimental Treatment

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  • Tomasz Gajderowicz

Abstract

The paper takes the problem of difficulties in the valuation of leisure time within the context of methods used to estimate the value of non-market goods. The traditional methods were compared to the innovative approach of experimental economics. Two laboratory experiments were planned and carried out, and henceforth analyzed and critiqued. The influence of the size of the company on formation of the decision which location to choose.

Suggested Citation

  • Tomasz Gajderowicz, 2009. "The Valuation of Leisure Time-Experimental Treatment," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 22.
  • Handle: RePEc:eko:ekoeko:22_142
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    File URL: http://ekonomia.wne.uw.edu.pl/ekonomia/getFile/688
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    References listed on IDEAS

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    7. Brookshire, David S & Coursey, Don L, 1987. "Measuring the Value of a Public Good: An Empirical Comparison of Elicitation Procedures," American Economic Review, American Economic Association, vol. 77(4), pages 554-566, September.
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