On the origin of the WTA-WTP divergence in public good valuation - Archive ouverte HAL Access content directly
Journal Articles Theory and Decision Year : 2013

On the origin of the WTA-WTP divergence in public good valuation

(1) , (2) , (3, 4)
1
2
3
4

Abstract

This paper tests whether individual perceptions of markets as good or bad for a public good is correlated with the propensity to report gaps in willingness to pay and willingness to accept revealed within an incentive compatible mechanism. Identifying people based on a notion of market affinity, we find a substantial part of the gap can be explained by controlling for some variables that were not controlled for before. This result suggests the valuation gap for public goods can be reduced through well-defined variables.

Dates and versions

hal-01499638 , version 1 (31-03-2017)

Identifiers

Cite

Emmanuel Flachaire, Guillaume Hollard, Jason F. Shogren. On the origin of the WTA-WTP divergence in public good valuation. Theory and Decision, 2013, 74 (3), pp.431--437. ⟨10.1007/s11238-012-9295-6⟩. ⟨hal-01499638⟩
46 View
0 Download

Altmetric

Share

Gmail Facebook Twitter LinkedIn More