Rehabilitating weak complementarity

Authors
Neill, JR
Citation
Jr. Neill, Rehabilitating weak complementarity, SC J ECON, 101(1), 1999, pp. 143-147
Citations number
4
Categorie Soggetti
Economics
Journal title
SCANDINAVIAN JOURNAL OF ECONOMICS
ISSN journal
03470520 → ACNP
Volume
101
Issue
1
Year of publication
1999
Pages
143 - 147
Database
ISI
SICI code
0347-0520(1999)101:1<143:RWC>2.0.ZU;2-Z
Abstract
Using weak complementarity to determine willingness to pay for nonmarket go ods is problematic. This note offers a procedure for determining an agent's marginal willingness to pay for a nonmarket good under this assumption tha t mitigates these problems.