Meurisse, Bénédicte; Roy, Maxime Le - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2014
This paper investigates household behaviour with regard to vehicle fuel efficiency. We propose to approach the Willingness to Pay (WTP) for better fuel efficiency through the Hicksian compensating variation in income. Specifically, we distinguish the Willingness to Pay or to Accept (WTA) buying...