Mitigating Hypothetical Bias: Evidence on the Effects of Correctives from a Large Field Study
Sign Up to like & getrecommendations! Published in 2017 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-016-0047-x
Abstract: The overestimation of willingness-to-pay (WTP) in hypothetical responses is a well-known finding in the literature. Various techniques have been proposed to remove or, at least, reduce this bias. Using about 30,000 responses on WTP for… read more here.
Keywords: wtp; bias evidence; hypothetical bias; mitigating hypothetical ... See more keywords
Analytics, bias, and evidence: the quest for rational decision making
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Decision Systems"
DOI: 10.1080/12460125.2019.1623534
Abstract: ABSTRACT Evidence-based decision making seems both desirable and rational. New analytical tools for investigating ‘big data’ promise to provide additional unbiased evidence. Concurrently, technological advances for improving decision making reopen issues related to facts, biases,… read more here.
Keywords: decision; bias evidence; analytics bias; decision support ... See more keywords