Abstract
Based on a contingent valuation survey of households in suburban Boston, we found that respondents bid significantly more to reduce risk than they indicated they were willing to pay to avoid an equivalent risk increase.-from Authors
Original language | English (US) |
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Pages (from-to) | 291-294 |
Number of pages | 4 |
Journal | American Economic Review |
Volume | 76 |
Issue number | 2 |
State | Published - Jan 1 1986 |
ASJC Scopus subject areas
- Economics and Econometrics