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.
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页数：6
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