On a disparity between willingness to pay and willingness to accept under the rank-dependent utility model
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Publication:5094435
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Cites work
- Characterization of quasideviation means
- Dilemmas of an Economic Theorist
- Empirical evaluation of four models of buying and selling prices of gambles
- General inequalities for quasideviation means
- On applications of inequalities for quasideviation means in actuarial mathematics
- On some applications of quasideviation means
- Prospect Theory: An Analysis of Decision under Risk
- Third-generation prospect theory
Cited in
(8)- The effects of uncertainty on the WTA-WTP gap
- An exact relation between willingness to pay and willingness to accept
- A new explanation for the WTP/WTA disparity
- Information and the divergence between willingness to accept and willingness to pay
- On some applications of quasideviation means
- The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ``bad-deal aversion?
- Willingness-to-pay estimation with choice-based conjoint analysis: addressing extreme response behavior with individually adapted designs
- Imprecise preferences and the WTP-WTA disparity
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