Values elicited from open-ended real experiments

Article Abstract:

Hypothetical experiments are assessed as a way of understanding preferences, and preferences are seen as expressed in different ways.

Experimental design, Research design

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The common consequence effect: testing a unified explanation of recent mixed evidence

Article Abstract:

Utility theory is examined to assess the common consequence effect, and preference instability is indicated.

Utility theory, Utility functions

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Willingness to accept, willingness to pay and the income effect

Article Abstract:

The disparity between willingness to pay and willingness to accept is examined.

Income Distribution, Models

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