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Keywords: social budget constraint
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (1999) 5 (1): 169–192.
Published: 31 March 1999
... rather than the WTA format. Being based on a deficient realisation of WTA surveys, such recommendations ignore the significance of the social budget constraint in WTA hypothetical markets. The experiment showed clearly that explicit mention of a social budget constraint in the WTA question format has...
