Weber, Thomas A.2012-03-082012-03-082012-03-08201210.1016/j.econlet.2011.09.001https://infoscience.epfl.ch/handle/20.500.14299/78534WOS:000300078400014We introduce an augmented Becker-DeGroot-Marschak mechanism for the revelation of willingness-to-accept and willingness-to-pay in transaction cycles. The mechanism can be used to test for a behavioral anomaly. (C) 2011 Elsevier B.V. All rights reserved.Compensating variationEquivalent variationEndowment effectWelfare changeWillingness-to-acceptWillingness-to-payAn Augmented Becker-DeGroot-Marschak Mechanism for Transaction Cyclestext::journal::journal article::research article