## Abstract Three measures of the value of time β willingness to pay (WTP) for a reduction in travel time, willingness to accept (WTA) a monetary compensation to forgo it, and the wage rate β are evaluated and compared. WTP and WTA were estimated from the twoβpart regressions of time price, using c
Determinants of the magnitude of willingness to accept relative to willingness to pay
β Scribed by Hersh Shefrin; David Caldwell
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 246 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0894-3257
- DOI
- 10.1002/bdm.367
No coin nor oath required. For personal study only.
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