The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value

DON L. COURSEY · John L. Hovis · William D. Schulze

518 citations0/0 files storedThe Quarterly Journal of Economics

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

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Don L. Coursey, John L. Hovis, William D. Schulze; The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value*, The Quarterly Jou

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1988Prospect theory: An analysis of decision under risk 1961COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS 1979Measuring Values of Extramarket Goods: Are Indirect Measures Biased?2006Economic Theory of Choice and the Preference Reversal Phenomenon 1984Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value 2000Individual Rationality, Market Rationality, and Value Estimation

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