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Imprecise preferences and the WTP-WTA disparity · Study

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ArticleImprecise preferences and the WTP-WTA disparity

W. Richard Dubourg1994

Article1994

Imprecise preferences and the WTP-WTA disparity

W. Richard Dubourg · Michael Jones‐Lee · Graham Loomes

136 citations·0/0 files stored·Journal of Risk and Uncertainty

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Economic and Environmental Valuation Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies

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References

1979Prospect Theory: An Analysis of Decision under Risk 1988Prospect theory: An analysis of decision under risk 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model 1988Status quo bias in decision making 1980Toward a positive theory of consumer choice 1985Mental Accounting and Consumer Choice 2008Mental Accounting and Consumer Choice 1990Experimental Tests of the Endowment Effect and the Coase Theorem

Cited by

1997Imprecise Preferences and Survey Design in Contingent Valuation 2009The Willingness to Pay for Renewable Energy Sources: The Case of Italy with Socio-demographic Determinants 1997The Validity of QALYs 2008Eliciting Willingness to Pay without Bias using Follow-up Certainty Statements: Comparisons between Probably/Definitely and a 10-point Certainty Scale 2003Payment Certainty in Discrete Choice Contingent Valuation Responses: Results from a Field Validity Test 2023The influence of non‐physicality of goods on disparities in seller–buyer valuations: A meta‐analysis

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1999Why the WTA–WTP disparity mattersarticle · 13 shared references 2014A new meta-analysis on the WTP/WTA disparityarticle · 12 shared references 2004Effects of study design characteristics on the WTA–WTP disparity: A meta analytical frameworkarticle · 12 shared references 2010The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ‘bad-deal’ aversion?article · 11 shared references 2002Beyond mere ownership: transaction demand as a moderator of the endowment effectarticle · 11 shared references 2017Decision making in the pre-development stage of residential developmentarticle · 11 shared references

Details

Year1994

Typearticle

Published1994-10-01

VenueJournal of Risk and Uncertainty

ISSN-L0895-5646

Languageen

Citations136

Files0 public / 0

ShelfEconomic and Environmental Valuation

Identifiers

doi10.1007/bf01064181

openalex_workW2020223752

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2006Predicting the Gap between Willingness to Accept and Willingness to Pay

2015Preference Cloud Theory: Imprecise Preferences and Preference Reversals