search query: @freeterm willingness to pay / total: 31
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| Author: | Collins, J.P. Vossler, C.A. |
| Title: | Incentive compatibility tests of choice experiment value elicitation questions |
| Journal: | Journal of Environmental Economics and Management
2009 : SEP, VOL. 58:2, p. 226-235 |
| Index terms: | experiment design voting theories incentives |
| Freeterms: | willingness to pay status quo bias mixed logit |
| Language: | eng |
| Abstract: | Herein, laboratory experiments with induced values are used to address fundamental issues related to the incentive compatibility of choice experiment value elicitation questions. Especially, compared are 2- vs. 3-option choice sets and the effect of using alternative provision rules, incl. one with the outcome being influenced by both participant and "regulator" votes. It is found that the overall proportion of choices that are inconsistent with induced preferences is rather low etc. |
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