Article

Willingness to Pay vs. Willingness to Accept: Legal and Economic Implications

Authors: Elizabeth Hoffman (University of Arizona) , Matthew L. Spitzer (University of Southern California Law Center)

Abstract

This Article presents, organizes, and critiques the modem evidence on the basic independence assumption, drawing together the learning of economists and lawyers.

Keywords: Economics

How to Cite: Hoffman, E. & Spitzer, M. (1993) “Willingness to Pay vs. Willingness to Accept: Legal and Economic Implications”, Washington University Law Review. 71(1).