The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Hypothetical Surveys and Real Economic Commitments
Abstract
We provide controlled laboratory evidence that open-ended hypothetical surveys do not always accurately elicit real economic commitments from individuals. We argue that they can provide biased measures of true values, where the latter are elicited using incentive-compatible institutions. We also evaluate if it is the hypothetical-payment aspect of these surveys which results in these biases or the lack of explicitly incentive-compatible provision rules. We conclude that it is the former. We are unable to devise a hypothetical survey that uses an incentive-compatible provision rule to elicit valuations that are demonstrably truthful.
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Cites
Tests of Equality Between Sets of Coefficients in Two Linear Regressions
Chow, G. C. (1960) · Econometrica · doi:10.2307/1910133 · Cited by 6,488
Using surveys to value public goods: the contingent valuation method
(1989) · Choice Reviews Online · doi:10.5860/choice.27-0417 · Cited by 4,215
Kagel, J. H., Harstad, R. M., & Levin, D. (2009) · Common Value Auctions and the Winner's Curse · doi:10.1515/9781400830138.177 · Cited by 458
Econometric Models, Techniques, and Applications
Intriligator, M. D., Bodkin, R. G., & Hsiao, C. H. (1978) · Cited by 433
Tests of Equality Between Sets of Coefficients in Two Linear Regressions: An Expository Note
Fisher, F. M. (1970) · Econometrica · doi:10.2307/1913018 · Cited by 386
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
Valuing the Environment Through Contingent Valuation
Hanemann, W. M. (1994) · Journal of Economic Perspectives · doi:10.1257/jep.8.4.19 · Cited by 1,640
Validating vignette and conjoint survey experiments against real-world behavior
Hainmueller, J., Hangartner, D., & Yamamoto, T. (2015) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1416587112 · Cited by 1,344
Ajzen, I., Brown, T. C., & Carvajal, F. (2004) · Personality and Social Psychology Bulletin · doi:10.1177/0146167204264079 · Cited by 605
List, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1498 · Cited by 451
Metadata
- Authors
- Neill, H. R., Cummings, R. G., Ganderton, P. T., Harrison, G. W., & McGuckin, T.
- Venue
- Land Economics
- Publisher
- University of Wisconsin Press
- Published
- 1994-05
- Volume
- 70
- Issue
- 2
- Pages
- 145
- ISSN
- 0023-7639 (ISSN-L)
- OpenAlex
- W1588738031
- Cited by
- 349
- References
- 5
- FWCI
- 44.99
- Type
- journal article
- Language
- en
- Open access
- closed
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- Neill, H. R., Cummings, R. G., Ganderton, P. T., Harrison, G. W., & McGuckin, T. (1994). Hypothetical Surveys and Real Economic Commitments. Land Economics. https://doi.org/10.2307/3146318
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