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Rehabilitating Weak Complementarity

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  • Jon R. Neill

Abstract

Using weak complementarity to determine willingness to pay for nonmarket goods is problematic. This note offers a procedure for determining an agent's marginal willingness to pay for a nonmarket good under this assumption that mitigates these problems. JEL Classification: D6; H4; Q2

Suggested Citation

  • Jon R. Neill, 1999. "Rehabilitating Weak Complementarity," Scandinavian Journal of Economics, Wiley Blackwell, vol. 101(1), pages 143-147, March.
    • Handle: RePEc:bla:scandj:v:101:y:1999:i:1:p:143-147
    DOI: 10.1111/1467-9442.00146
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    More about this item

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • H4 - Public Economics - - Publicly Provided Goods
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

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