A given set of users share the submodular cost of access to a network (or, more generally, the submodular cost of any idiosyncratic binary good). We compare strategyproof mechanisms that serve the efficient set of users (but do not necessarily balance the budget) with those that exactly cover...

This paper demonstrates that the results recently presented by Shogren et al (1994) are insufficient to reject the endowment effect as a significant cause of the divergence between willingness to pay (WTP) and willingness to accept (WPA) values. A more transparent means of testing for the...