The impact of preferences on the WTP premium and the WTA premium

Tal Shavit; Shosh Shahrabani; Uri Benzion

doi:10.1080/17446540802599739

The impact of preferences on the WTP premium and the WTA premium

Tal Shavit, Shosh Shahrabani, Uri Benzion

Research output: Contribution to journal › Article › peer-review

Abstract

The study examined the impact of preferences for an item on the Willingness to Pay (WTP) and Willingness to Accept (WTA). The results show that the differences between biddings for preferred and less preferred items are smaller in the selling position than in the buying position. This result can be explained by the existence of the ownership effect in the selling position for both preferred and less preferred items.

Original language	English
Pages (from-to)	1439-1442
Number of pages	4
Journal	Applied Economics Letters
Volume	16
Issue number	14
DOIs	https://doi.org/10.1080/17446540802599739
State	Published - 1 Sep 2009
Externally published	Yes

ASJC Scopus subject areas

Economics and Econometrics

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10.1080/17446540802599739

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The impact of preferences on the WTP premium and the WTA premium

Abstract

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