Willingness to pay and willingness to accept: a simple conceptual exposition

被引：1

作者：

Thampapillai, DJ ^{[1
]}

机构：

[1] Natl Univ Singapore, SE Asian Studies Programme, Singapore 117548, Singapore

[2] Macquarie Univ, Grad Sch Environm, N Ryde, NSW 2109, Australia

来源：

APPLIED ECONOMICS LETTERS | 2000年 / 7卷 / 08期

关键词：

D O I：

10.1080/13504850050033274

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A simple explanation within the theory of indifference curves is offered for the experimental observations concerning the disparity between willingness to pay (WTP) and willingness to accept (WTA). Following Morrison's evidence, this explanation rests largely on the endowment effect. Two demand curves which are distinguished in terms of WTP and WTA are derived.

引用

页码：509 / 511

页数：3

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