WTP or WTA : a means of determining the appropriate welfare measure of positive and negative changes when preferences are reference dependent
Year of publication: |
2021
|
---|---|
Authors: | Nguyen, Kiet T. ; Knetsch, Jack L. ; Phumsith Mahasuweerachai |
Subject: | Welfare measures | Reference dependence | Willingness-to-pay | Willingness-to-accept | Endowment effect | Zahlungsbereitschaftsanalyse | Willingness to pay | Präferenztheorie | Theory of preferences | Wohlfahrtsökonomik | Welfare economics | Konsumentenverhalten | Consumer behaviour | Experiment | Verhaltensökonomik | Behavioral economics |
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