• 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