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I derive values of marginal changes in a public good for two-person households, measured alternatively by household member is̕ willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
Persistent link: https://www.econbiz.de/10002523824
I derive values of marginal changes in a public good for two-person households, measured alternatively by household member i's willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
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