Boyle, Kevin J.; Welsh, Michael P.; Bishop, Richard C. - Volkswirtschaftliche Fakultät, … - 1988
In an excellent article from a recent issue of this journal, Sellar, Stoll and Chavas (1985) make a technical error which causes them to misstate their closed-ended estimates of willingness to pay. Truncation of the estimated cummulative distribution function must we made explicit in compution...