Title of article
Household willingness to pay equals individual willingness to pay if and only if the household income pools
Author/Authors
Alistair Munro، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
4
From page
227
To page
230
Abstract
I show household and individual willingness to pay are equal if and only if household choices satisfy income pooling, providing a test of whether the individual respondent speaks for the household—an assumption implicit in much stated preference practice.
Keywords
Contingent valuation , Income pooling , Stated preference
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435728
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