The Welfare Cost of Beijing’s Lottery Policy: Evidence from a Contingent Valuation Survey
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DOI: 10.1017/bca.2023.9
Abstract: Motivated by traffic congestion and air pollution, Beijing is one of several major cities to restrict vehicle ownership by requiring residents to win a lottery for the right to obtain an additional car. We examine… read more here.
Keywords: beijing lottery; welfare cost; welfare; lottery ... See more keywords