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Incomplete preferences, willingness to pay, and willingness to accept
Economic Theory ( IF 1.2 ) Pub Date : 2021-07-08 , DOI: 10.1007/s00199-021-01375-4
Robert G. Chambers 1, 2 , John Quiggin 2 , Tigran Melkonyan 3
Affiliation  

We derive representations of incomplete preferences in terms of willingness-to-pay measures. The paper demonstrates how these representations can be used to determine whether preferences are incomplete. We also study local approximations to incomplete preference structures and how attitudes to ambiguity affect willingness-to-pay measures.



中文翻译:

不完全偏好、支付意愿和接受意愿

我们根据支付意愿度量得出不完全偏好的表示。本文展示了如何使用这些表示来确定偏好是否不完整。我们还研究了不完全偏好结构的局部近似,以及对歧义的态度如何影响支付意愿措施。

更新日期:2021-07-08
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