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Economic valuation of becoming a superhero

Julian J. Hwang () and Dongso Lee ()
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Julian J. Hwang: West Virginia University
Dongso Lee: Korea Rural Economic Institute

Journal of Cultural Economics, 2025, vol. 49, issue 1, No 8, 236 pages

Abstract: Abstract Have you ever wished that you were a superhero? If so, how much would you be willing to pay to become one? In this study, we measured the economic value of becoming a superhero or obtaining a superpower using a discrete choice experiment. We focused on four superpowers: mind-control, flight, teleportation, and supernatural physical strength and measured values for each power. Our results indicate that of the four powers, our participants valued teleportation the most.

Keywords: Discrete choice experiment; Willingness-to-sacrifice; Superpower (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10824-024-09513-1

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