A review of WTA/WTP studies

DOI10.1006/jeem.2001.1215zbMath1032.91624OpenAlexW3123113172MaRDI QIDQ1864833

John K. Horowitz, Kenneth E. McConnell

Publication date: 23 March 2003

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeem.2001.1215

Mathematics Subject Classification ID

Related Items (15)

Fairness and efficiency in strategy-proof object allocation mechanisms ⋮ Individual-level loss aversion in riskless and risky choices ⋮ The ostrich effect: Selective attention to information ⋮ Market design with endogenous preferences ⋮ The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ``bad-deal aversion? ⋮ Understanding the reference effect ⋮ Monitored by your friends, not your foes: strategic ignorance and the delegation of real authority ⋮ English versus Vickrey auctions with loss-averse bidders ⋮ Multi-dimensional reference-dependent preferences in sealed-bid auctions -- how (most) laboratory experiments differ from the field ⋮ A new explanation for the WTP/WTA disparity ⋮ Empirical evaluation of four models of buying and selling prices of gambles ⋮ Auction fever: rising revenue in second-price auction formats ⋮ Elicitation and modelling of imprecise utility of health states ⋮ Dynamic pricing with Bayesian demand learning and reference price effect ⋮ Taste uncertainty and status quo effects in consumer choice

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