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Willingness to Pay and the Cost of Commitment: An Empirical Specification and Test Author info | Abstract | Publisher info | Download info | Related research | Statistics Jay Corrigan ()
Catherine Kling ()
Jinhua Zhao ()
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Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics .
Volume (Year): 40 (2008)
Issue (Month): 2 (June)
Pages: 285-298
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Handle: RePEc:kap:enreec:v:40:y:2008:i:2:p:285-298Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100263
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Keywords: Commitment cost ; Contigent valuation ; Option value ; Willingness to pay ; Q26 ; C42 ; D60 ; References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Catherine L. Kling & John A. List & Jinhua Zhao, 2003.
"WTP/WTA Disparity: Have We Been Observing Dynamic Values but Interpreting Them as Static?, The ,"
Center for Agricultural and Rural Development (CARD) Publications
03-wp333, Center for Agricultural and Rural Development (CARD) at Iowa State University.
[Downloadable!]
Other versions: Zhao, Jinhua & Kling, Catherine L., 2001.
"A new explanation for the WTP/WTA disparity ,"
Economics Letters ,
Elsevier, vol. 73(3), pages 293-300, December.
[Downloadable!] (restricted)
Jay Corrigan, 2005.
"Is the Experimental Auction a Dynamic Market? ,"
Environmental & Resource Economics ,
European Association of Environmental and Resource Economists, vol. 31(1), pages 35-45, 05.
[Downloadable!] (restricted)
Other versions: Horowitz, John K. & McConnell, Kenneth E., 2002.
"A Review of WTA/WTP Studies ,"
Journal of Environmental Economics and Management ,
Elsevier, vol. 44(3), pages 426-447, November.
[Downloadable!] (restricted)
Hanemann, W. Michael, 1989.
"Information and the concept of option value ,"
Journal of Environmental Economics and Management ,
Elsevier, vol. 16(1), pages 23-37, January.
[Downloadable!] (restricted)
Jayson L. Lusk, 2003.
"An Experimental Test of the Commitment Cost Theory ,"
American Journal of Agricultural Economics ,
American Agricultural Economics Association, vol. 85(5), pages 1316-1322, December.
[Downloadable!] (restricted)
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