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Pré-publication, Document de travail Année : 2011

On the origin of the wta-wtp divergence in public good valuation

Résumé

This paper tests whether individual perceptions of markets as good or bad for a public good is correlated with the propensity to report gaps in willingness to pay (WTP) and willingness to accept (WTA) revealed within an incentive compatible mechanism. Identifying people based on a notion of market affinity, we find a substantial part of the gap can be explained by controlling for some variables that were not controlled for before. This result suggests the valuation gap for public goods can be reduced through well-defined variables.
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Dates et versions

halshs-00561474, version 1 (01-02-2011)

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  • HAL Id : halshs-00561474 , version 1

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Emmanuel Flachaire, Guillaume Hollard, Jason Shogren. On the origin of the wta-wtp divergence in public good valuation. 2011. ⟨halshs-00561474⟩
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