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Why the WTA–WTP disparity matters · Study

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ArticleWhy the WTA–WTP disparity matters

Thomas C. Brown1999

Article1999

Why the WTA–WTP disparity matters

Thomas C. Brown · Robin Gregory

215 citations·0/0 files stored·Ecological Economics

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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 1994Decisions with Multiple Objectives: Preferences and Value Tradeoffs.1991Loss Aversion in Riskless Choice: A Reference-Dependent Model 1980Toward a positive theory of consumer choice 1982Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty 1990Experimental Tests of the Endowment Effect and the Coase Theorem 2000Fairness as a Constraint on Profit Seeking: Entitlements in the Market

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2004The Revolution in Welfare Economics and Its Implications for Environmental Valuation and Policy 2004Effects of study design characteristics on the WTA–WTP disparity: A meta analytical framework 2012What have economists learned about valuing nature? A review essay 2009The social benefits of restoring water quality in the context of the Water Framework Directive: A comparison of willingness to pay and willingness to accept 2005The economic value of informal care: a study of informal caregivers' and patients' willingness to pay and willingness to accept for informal care

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2009An experimental investigation of the impact of experience on loss aversionthesis · 17 shared references 2014A new meta-analysis on the WTP/WTA disparityarticle · 16 shared references 2004Effects of study design characteristics on the WTA–WTP disparity: A meta analytical frameworkarticle · 16 shared references 2016What Explains Observed Reluctance to Trade? A Comprehensive Literature Reviewpreprint · 16 shared references 1994Imprecise preferences and the WTP-WTA disparityarticle · 13 shared references 2005Gains, Losses, and the US-EPA Economic Analyses Guidelines: A Hazardous Product?article · 13 shared references

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Year1999

Typearticle

Published1999-03-01

VenueEcological Economics

ISSN-L0921-8009

Languageen

Citations215

Files0 public / 0

ShelfEconomic and Environmental Valuation

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doi10.1016/s0921-8009(98)00050-0

openalex_workW2132129498

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2004A Framework for Net Environmental Benefit Analysis for Remediation or Restoration of Contaminated Sites

2004Economic valuation of informal care: the contingent valuation method applied to informal caregiving

2012Non-market valuation of forest goods and services: Good practice guidelines