Human capital characteristics,residents' willingness to pay and house price
America's ability to pay is neither here nor there: the problem is its willingness to pay.
This raises the question of whether willingness to pay will have to be addressed along with ability to pay.
Contingent valuation — a survey method used to ascertain willingness to pay for services or environmental amenities.
“So there is an ability to pay and a willingness to pay, ” said Mr. Younger of the International Finance Corporation.
A formal indication by a debtor of willingness to pay a time draft or bill of exchange.
Marginal willingness to pay — the amount of money an individual is willing to pay for the last unit of a good or service.
But it has clearly reached a limit in creditors' willingness to supply funding at a reasonable yield, and may have reached the limit of taxpayers' willingness to pay the eventual bill.
Socio-economic studies among rural households and especially rural enterprises show a willingness to pay for access to electricity, if only reasonably reliable and 24h services were available.
Wallet threat is the reluctant act of pulling one's wallet out as a sign of willingness to pay for a meal that was assumed to be a treat.
When the private and social benefits of a person's presence in a new country differ, basing admission decisions on willingness to pay may not be the best approach.
Most methods used in the studies are based, directly or indirectly, on assessing individual willingness to pay for the ecosystem services.
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The contingent valuation method (CVM) is one of the most dominating and standard techniques for eliciting the willingness to pay (WTP) for the ecosystem services provided by environment and resources.
