The DOI matches its Crossref record; 27 of the 27 references it cites were found in a registry or an index.
Effects of Cheap Talk on Consumer Willingness‐to‐Pay for Golden Rice
Open accessAbstract
A large body of literature suggests willingness‐to‐pay is overstated in hypothetical valuation questions as compared to when actual payment is required. Recently, “cheap talk” has been proposed to eliminate the potential bias in hypothetical valuation questions. Cheap talk refers to process of explaining hypothetical bias to individuals prior to asking a valuation question. This study explores the effect of cheap talk in a mass mail survey using a conventional value elicitation technique. Results indicate that cheap talk was effective at reducing willingness‐to‐pay for most survey participants; however, consistent with previous research, cheap talk did not reduce willingness‐to‐pay for knowledgeable consumers.
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Cites
Contingent Valuation: Is Some Number Better than No Number?
Diamond, P. A., & Hausman, J. A. (1994) · Journal of Economic Perspectives · doi:10.1257/jep.8.4.45 · Cited by 1,894
Statistical Efficiency of Double‐Bounded Dichotomous Choice Contingent Valuation
Hanemann, M., Loomis, J., & Kanninen, B. (1991) · American Journal of Agricultural Economics · doi:10.2307/1242453 · Cited by 1,824
Cummings, R. G., & Taylor, L. O. (1999) · American Economic Review · doi:10.1257/aer.89.3.649 · Cited by 1,292
Valuing Environmental and Natural Resources: The Econometrics of Non-market Valuation
Haab, T. C., & McConnell, K. E. (2002) · Edward Elgar Publishing eBooks · doi:10.4337/9781843765431 · Cited by 1,018
What Experimental Protocol Influence Disparities Between Actual and Hypothetical Stated Values?
List, J. A., & Gallet, C. A. (2001) · Environmental and Resource Economics · doi:10.1023/a:1012791822804 · Cited by 1,001
Cameron, T. A. (1988) · Journal of Environmental Economics and Management · doi:10.1016/0095-0696(88)90008-3 · Cited by 781
Efficient Estimation Methods for "Closed-Ended" Contingent Valuation Surveys
Cameron, T. A., & James, M. D. (1987) · The Review of Economics and Statistics · doi:10.2307/1927234 · Cited by 616
Lusk, J. L., Roosen, J., & Fox, J. A. (2003) · American Journal of Agricultural Economics · doi:10.1111/1467-8276.00100 · Cited by 604
Self-citationDo Hypothetical and Actual Marginal Willingness to Pay Differ in Choice Experiments?
Carlsson, F., & Martinsson, P. (2001) · Journal of Environmental Economics and Management · doi:10.1006/jeem.2000.1138 · Cited by 550
Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible?
Cummings, R. G., & Harrison, G. W. (1995) · American Economic Review · Cited by 529
Cited by
Contingent Valuation: Is Some Number Better than No Number?
Diamond, P. A., & Hausman, J. A. (1994) · Journal of Economic Perspectives · doi:10.1257/jep.8.4.45 · Cited by 1,894
Hypothetical bias, choice experiments and willingness to pay
Hensher, D. A. (2010) · Transportation Research Part B: Methodological · doi:10.1016/j.trb.2009.12.012 · Cited by 527
The economics of genetically modified crops
Qaim, M. (2009) · Annual Review of Resource Economics · doi:10.1146/annurev.resource.050708.144203 · Cited by 465
List, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1498 · Cited by 451
Genetically Engineered Crops in the United States
Fernandez Cornejo, J., Wechsler, S., Livingston, M. J., & Mitchell, L. (2014) · doi:10.2139/ssrn.2503388 · Cited by 274
Metadata
- Authors
- Lusk, J. L.
- Venue
- American Journal of Agricultural Economics
- Publisher
- Wiley
- Published
- 2003-11
- Volume
- 85
- Issue
- 4
- Pages
- 840-856
- ISSN
- 0002-9092 (ISSN-L)
- 1467-8276
- OpenAlex
- W2159639859
- Cited by
- 592
- References
- 27
- FWCI
- 43.74
- Type
- journal article
- Language
- en
- Open access
- green
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