The impact of preferences on the WTP premium and the WTA premium

被引：1

作者：

Shavit, Tal ^{[1
]}

Shahrabani, Shosh ^{[2
]}

Benzion, Uri ^{[3
]}

机构：

[1] Coll Management, Sch Business, Rishon Le Zion, Israel

[2] Emek Yezreel Coll, Dept Management & Econ, IL-19300 Emek Yezreel, Israel

[3] Ben Gurion Univ Negev, Dept Econ, IL-84105 Beer Sheva, Israel

来源：

APPLIED ECONOMICS LETTERS | 2009年 / 16卷 / 14期

关键词：

PAY; WILLINGNESS; AUCTIONS; MARKET;

D O I：

10.1080/17446540802599739

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The study examined the impact of preferences for an item on the Willingness to Pay (WTP) and Willingness to Accept (WTA). The results show that the differences between biddings for preferred and less preferred items are smaller in the selling position than in the buying position. This result can be explained by the existence of the ownership effect in the selling position for both preferred and less preferred items.

引用

页码：1439 / 1442

页数：4

共 19 条

[1] Anderhub V., 2001, German Economic Review, V2, P239, DOI [DOI 10.1111/1468-0475.00036, 10.1111/1468-0475.00036]
[2] Barone M.J., 1999, MARKET LETT, V10, P75, DOI [DOI 10.1023/A:1008091225061, https://doi.org/10.1023/A:1008091225061]
[3] BARONE M.J., 1997, Journal of Consumer Psychology, V6, P257, DOI [10.1207/s15327663jcp0603_03, DOI 10.1207/S15327663JCP0603_03]
[4] Beggan JamesK., 1997, J CONSUM PSYCHOL, V6, P285
[5] Posted prices and bid affiliation: Evidence from experimental auctions
Corrigan, Jay R.
Rousu, Matthew C.
[J]. AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 2006, 88 (04) : 1078 - 1090
[6] A review of WTA/WTP studies
Horowitz, JK
McConnell, KE
[J]. JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2002, 44 (03) : 426 - 447
[7] EXPERIMENTAL TESTS OF THE ENDOWMENT EFFECT AND THE COASE THEOREM
KAHNEMAN, D
KNETSCH, JL
THALER, RH
[J]. JOURNAL OF POLITICAL ECONOMY, 1990, 98 (06) : 1325 - 1348
[8] Kalish S., 1991, MARKET LETT, V2, P327, DOI [DOI 10.1007/BF00664219, 10.1007/BF00664219]
[9] Does market experience eliminate market anomalies?
List, JA
[J]. QUARTERLY JOURNAL OF ECONOMICS, 2003, 118 (01) : 41 - 71
[10] Tradeoffs between emotional and sensory perceptions of freshness influence the price consumers will pay for apples: Results from an experimental market
Lund, Cynthia M.
Jaeger, Sara R.
Amos, Rachel L.
Brookfield, Paul
Harker, F. Roger
[J]. POSTHARVEST BIOLOGY AND TECHNOLOGY, 2006, 41 (02) : 172 - 180

← 1 2 →