Emotions, Morality and Public Goods: The WTA-WTP Disparity Revisited
| dc.contributor.author | Nilsson, Andreas | swe |
| dc.contributor.author | Johansson-Stenman, Olof | swe |
| dc.contributor.author | Biel, Anders | swe |
| dc.contributor.department | Department of Economics | swe |
| dc.date.accessioned | 2006-01-25 | swe |
| dc.date.accessioned | 2007-02-09T11:14:54Z | |
| dc.date.available | 2007-02-09T11:14:54Z | |
| dc.date.issued | 2006 | swe |
| dc.description.abstract | Empirical evidence suggests that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, and that this discrepancy tends to be especially large when valuing public goods. This paper hypothesizes that differences in emotions (e.g. regret) and moral perceptions can account for much of this discrepancy for public goods. A simple, real-money dichotomous-choice experiment is set up to test these hypotheses, which are largely supported. | swe |
| dc.format.extent | 19 pages | swe |
| dc.format.extent | 92418 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.gup.epcid | 4683 | swe |
| dc.gup.origin | Göteborg University. School of Business, Economics and Law | swe |
| dc.identifier.issn | 1403-2465 | swe |
| dc.identifier.uri | http://hdl.handle.net/2077/2728 | |
| dc.language.iso | en | swe |
| dc.relation.ispartofseries | Working Papers in Economics, nr 193 | swe |
| dc.subject | Willingness to pay; Willingness to accept gap; Endowment effect; Emotions; Ethics; Experiments | swe |
| dc.subject.svep | Economics | swe |
| dc.title | Emotions, Morality and Public Goods: The WTA-WTP Disparity Revisited | swe |
| dc.type.svep | Report | swe |
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