willingness to pay
3 episodes mention this concept
NewEconomicThinkingMay 15, 2024The Economic and Social Costs of Bumpy Roads: Measuring Infrastructure Quality and Government Effectiveness
EconomicsHuman capital economicsInfrastructure qualityVertical acceleration dataWillingness to pay (WTP)
NewEconomicThinkingMay 16, 2018The Ethics and Economics of Selling Doctor's Appointments: Willingness to Pay vs. Societal Need
EconomicsMarket mechanismWillingness to payHealthcare accessSocial solidarity
NewEconomicThinkingMay 9, 2018Price Gouging, Self-Interest, and Social Welfare in Emergencies
EconomicsPrice gougingMarket equilibriumSelf-interestGreed
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Related concepts
Concepts that appear alongside willingness to pay across episodes.
- market mechanism
- social solidarity
- utilitarian argument
- price gouging
- equity vs. efficiency
- trade-offs
- productivity
- greed
- ticket scalping
- resource allocation
- subjective need
- transfer system
- market abuse
- utility functions
- ethical economics
- adam smith's invisible hand
- societal benefit
- healthcare access
- progressive income tax
- luxuries