The WTP/WTA discrepancy: A preliminary qualitative examination

Environmental Values

Volumn 9, Issue 4, 2000, Pages 481-491

  Burton, A C ^a   Chilton, S M ^a   Jones, M K ^a  

^a UNIVERSITY OF LEEDS   (United Kingdom)

Author keywords

Heuristics; Willingness to accept; Willingness to pay

Indexed keywords

CONTINGENT VALUATION; ECONOMIC THEORY; WILLINGNESS TO PAY;

EID: 0033673357     PISSN: 09632719     EISSN: None     Source Type: Journal    
DOI: 10.3197/096327100129342164     Document Type: Article

References (15)

1. A test of the theory of reference-dependent preferences
2. Why the WTA-WTP disparity matters
3. Willingness to pay and willingness to accept: How much can they differ?
4. The four consumer surpluses
5. Experimental tests of the endowment effect and the Coase theorum
6. Willingness to pay and compensation demanded: Experimental evidence of an unexpected disparity in measures of value
7. Reversals of preference between bids and choices in gambling decisions
8. Regret theory: An alternative theory of rational choice under uncertainty
9. Consumer's surplus in commodity space
10. Loss aversion in riskless choice: A reference-dependent model