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

  • Coursey, Don L
  • Hovis, John L
  • Schulze, William D
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    Article provided by MIT Press in its journal Quarterly Journal of Economics.

    Volume (Year): 102 (1987)
    Issue (Month): 3 (August)
    Pages: 679-90

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    Handle: RePEc:tpr:qjecon:v:102:y:1987:i:3:p:679-90
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    1. Coursey, Don L & Smith, Vernon L, 1984. " Experimental Tests of an Allocation Mechanism for Private, Public or Externality Goods," Scandinavian Journal of Economics, Wiley Blackwell, vol. 86(4), pages 468-84.
    2. Knez, Peter & Smith, Vernon L & Williams, Arlington W, 1985. "Individual Rationality, Market Rationality, and Value Estimation," American Economic Review, American Economic Association, vol. 75(2), pages 397-402, May.
    3. Grether, David M & Plott, Charles R, 1979. "Economic Theory of Choice and the Preference Reversal Phenomenon," American Economic Review, American Economic Association, vol. 69(4), pages 623-38, September.
    4. Randall, Alan & Ives, Berry & Eastman, Clyde, 1974. "Bidding games for valuation of aesthetic environmental improvements," Journal of Environmental Economics and Management, Elsevier, vol. 1(2), pages 132-149, August.
    5. Coppinger, Vicki M & Smith, Vernon L & Titus, Jon A, 1980. "Incentives and Behavior in English, Dutch and Sealed-Bid Auctions," Economic Inquiry, Western Economic Association International, vol. 18(1), pages 1-22, January.
    6. Rowe, Robert D. & D'Arge, Ralph C. & Brookshire, David S., 1980. "An experiment on the economic value of visibility," Journal of Environmental Economics and Management, Elsevier, vol. 7(1), pages 1-19, March.
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