Testing Distributional Dependence in the Becker-DeGroot-Marschak ...
Testing Distributional Dependence in the Becker-DeGroot-Marschak ...
Testing Distributional Dependence in the Becker-DeGroot-Marschak ...
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WTP<br />
8<br />
7<br />
6<br />
5<br />
4<br />
3<br />
2<br />
1<br />
0<br />
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20<br />
Figure 3. Means of Last WTP Elicitations <strong>in</strong> Each BDM Round, By Type of<br />
Instructions<br />
44<br />
Round<br />
basic <strong>in</strong>structions<br />
detailed <strong>in</strong>structions