Experiments on the Divergence between Willingness to Pay and Willingness to Accept: The Issue Revisited

被引：0

作者：

Nayga, Rodolfo M., Jr. ^{[1
]}

Woodward, Richard ^{[1
]}

Aiew, Wipon ^{[1
]}

机构：

[1] Texas A&M Univ, College Stn, TX 77843 USA

来源：

ECONOMICS BULLETIN | 2005年 / 17卷

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Many empirical studies have discovered large discrepancies between willingness to pay (WTP) and willingness to accept (WTA) measures. This paper revisits the WTP and WTA divergence issue using a non-hypothetical market experiment, actual products, cash, and exchange in a market setting. We find WTA/WTP ratios that are significantly lower than most such studies.

引用

页数：6

共 13 条

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