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RDP 2015-03: The Value of Payment Instruments: Estimating Willingness to Pay and Consumer Surplus
Equation
W
T
P
i
=
α
+
ε
i
;
ε
i
∼
N
(
0
,
σ
2
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngB PrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0x c9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8fr Fve9Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaafaqaae qacaaabaGaam4vaiaadsfacaWGqbWaaSbaaSqaaiaadMgaaeqaaOGa eyypa0JaeqySdeMaey4kaSIaeqyTdu2aaSbaaSqaaiaadMgaaeqaaO Gaai4oaaqaaiabew7aLnaaBaaaleaacaWGPbaabeaakiablYJi6iaa d6eadaqadaqaaiaaicdacaGGSaGaeq4Wdm3aaWbaaSqabeaacaaIYa aaaaGccaGLOaGaayzkaaaaaaaa@4CE6@