Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value
- 1 August 1984
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 99 (3) , 507-521
- https://doi.org/10.2307/1885962
Abstract
Aside from possible income effects, measures of the maximum amounts people will pay to avoid a loss and the minimum compensation necessary for them tKeywords
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