Rehabilitating Weak Complementarity

Jon R. Neill

Scandinavian Journal of Economics, 1999, vol. 101, issue 1, 143-147

Abstract: Using weak complementarity to determine willingness to pay for nonmarket goods is problematic. This note offers a procedure for determining an agent's marginal willingness to pay for a nonmarket good under this assumption that mitigates these problems. JEL Classification: D6; H4; Q2

Date: 1999
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