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Bayesian models of starting price effects in contingent valuation studies have been used to track and to correct for starting price effects for more than two decades. Since then, the single parameter form that has been used to estimate the starting price effect has been adapted to distinguish...
Persistent link: https://www.econbiz.de/10009213383
This study presents evidence of strategic behaviour in faculty/staff members' reports of willingness-to-pay at a public university. The results suggest that (1) students have a higher mean willingness-to-pay than faculty/staff and that (2) faculty/staff reject clear gains because they expect a...
Persistent link: https://www.econbiz.de/10008773638