Tunçel, Tuba; Hammitt, James K. - In: Journal of Environmental Economics and Management 68 (2014) 1, pp. 175-187
This study reports a new meta-analysis of papers that elicit willingness-to-pay (WTP) and willingness-to-accept compensation (WTA) measures of value for the same good. We investigate the effects of type of good and several survey-design features on the WTP/WTA disparity, measured as the...