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Willingness to Pay or Willingness to Accept: Determining the Appropriate Welfare Measure when Preferences are Reference-Dependent

Phumsith Mahasuweerachai () and Jack Knetsch

No rr20160325, EEPSEA Research Report from Economy and Environment Program for Southeast Asia (EEPSEA)

Keywords: Willingness to Pay; Willingness to Accept; Welfare Measure; Preferences (search for similar items in EconPapers)
Date: 2016-03, Revised 2016-03
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