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The willingness to ...
The willingness to pay–willingness to accept gap revisited: The role of emotions and moral satisfaction
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- Biel, Anders, 1948 (författare)
- Gothenburg University,Göteborgs universitet,Psykologiska institutionen,Department of Psychology
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- Johansson-Stenman, Olof, 1966 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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- Nilsson, Andreas, 1974 (författare)
- Gothenburg University,Göteborgs universitet,Psykologiska institutionen,Department of Psychology
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(creator_code:org_t)
- 2011
- 2011
- Engelska.
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Ingår i: Journal of Economic Psychology. ; 32:6, s. 908-917
- Relaterad länk:
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https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- While many earlier studies have found that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, more recent experimental evidence suggests that this discrepancy vanishes for standard consumption goods when an incentive-compatible design without misconceptions is used. This paper hypothesises that there is nevertheless a discrepancy for goods with a perceived moral character, such as contributions to a good cause, and moreover that the reason for this discrepancy can largely be explained by differences in emotions and moral perceptions. The results from a real-money dichotomous-choice experiment, combined with measurements of emotions and morality, are consistent with these hypotheses
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business (hsv//eng)
Nyckelord
- Willingness to pay–willingness to accept gap
- Endowment effect
- Emotions
- Ethics
- Experiments
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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