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Showing 1 to 2 of 2 for “"diminishing marginal utility"”.

  1. To Acquire or Not to Acquire? That is a Question of Ownership Language and Dispositional Greed

    … of dispositional greed on the experience of diminishing marginal utility. Essay 1 investigates the impact of ownership language (e.g., this is my car) on prospective buyers' item evaluation. Results show that using ownership language has a negative effect on both tangible and intangible item …

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  2. Willingness to Pay for Safer Bathing Water in Poland: A Discrete Choice Experiment linked to Benefit-Cost Analysis

    … valued both policy attributes positively, with diminishing marginal utility across their levels. WTP values for respondents classified as coastal users are larger than for non-users for each attribute, however, their differences are not statistically significant at any convenient level, …

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