Abstract
In a recent paper Loehman (1991) derives some relationships between measures of benefit for nonmarket goods. This note presents some remarks on Loehman's methodology, several results, if the good considered is normal, and an extension to the case of pollution, i.e. public ‘bads’.
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Ebert, U. A note on willingness to pay and willingness to accept. Soc Choice Welfare 10, 363–370 (1993). https://doi.org/10.1007/BF00182511
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DOI: https://doi.org/10.1007/BF00182511