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Willingness to Pay and Willingness to Accept: How Much Can They Differ?
W. Michael Hanemann
The American Economic Review
Vol. 81, No. 3 (Jun., 1991), pp. 635-647
Published by: American Economic Association
Stable URL: http://www.jstor.org/stable/2006525
Page Count: 13
You can always find the topics here!Topics: Utility functions, Public goods, Income elasticity of demand, Prices, Commodities, Demand, Market prices, Elasticity of demand, Income effect, Mathematical functions
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The American Economic Review © 1991 American Economic Association