Mitigating Hypothetical Bias: Evidence on the Effects of Correctives from a Large Field Study
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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
Unraveling hypothetical bias in discrete choice experiments
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DOI: 10.1016/j.jebo.2020.04.020
Abstract: Abstract Our study contributes to the literature on hypothetical bias in discrete choice experiments in two main respects. First, using stated and revealed preference data collected from a sample of grocery shoppers, we explore the… read more here.
Keywords: bias discrete; hypothetical bias; choice experiments; bias ... See more keywords
Cheap talk efficacy under potential and actual Hypothetical Bias: A meta-analysis
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Environmental Economics and Management"
DOI: 10.1016/j.jeem.2019.02.005
Abstract: Abstract Cheap Talk (CT) is a common technique employed in stated preference methods of nonmarket valuation to reduce Hypothetical Bias (HB). However, multiple studies have documented its mixed usefulness. Using meta-analysis of 67 studies identified… read more here.
Keywords: meta analysis; bias; hypothetical bias; cheap talk ... See more keywords