search query: @freeterm WILLINGNESS TO PAY / total: 31
reference: 31 / 31
« previous | next »
| Author: | Walker, M. E. (et al.) |
| Title: | Disparate WTA-WTP disparities: the influence of human versus natural causes |
| Journal: | Journal of Behavioral Decision Making
1999 : SEP, VOL. 12:3, p. 219-232 |
| Index terms: | Contingent valuation Sociology |
| Freeterms: | Willingness to pay |
| Language: | eng |
| Abstract: | A host of studies have shown that respondents typically provide larger values reflecting their willingness to accept compensation WTA) for the loss of a product than amounts they would be willing to pay (WTP) to acquire the same product. There were conducted two experiments to determine whether human-caused versus naturally occurring events influenced disparities btw. WTA and WTP values. Results of both experiments indicate that the disparity between WTA and WTP is far greater when the damage was caused by humans. |
« previous | next »
SCIMA