Incomplete preferences, willingness to pay, and willingness to accept

被引：0
|
作者：
Robert G. Chambers
Tigran Melkonyan
John Quiggin
机构：
[1] University of Maryland,
[2] University of Queensland,undefined
[3] University of Alabama,undefined
来源：
Economic Theory | 2022年 / 74卷
关键词：
Incomplete preferences; Multiple priors; Translation function; Elicitation; D81;
D O I：
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中图分类号：
学科分类号：
摘要：
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.
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页码：727 / 761
页数：34
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