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Cited by 349

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

Neill, Helen R., Cummings, Ronald G., Ganderton, Philip T., Harrison, Glenn W., McGuckin, Thomas·1994·Land Economics

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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Metadata

Authors
Neill, H. R., Cummings, R. G., Ganderton, P. T., Harrison, G. W., & McGuckin, T.
Venue
Land Economics
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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CoChat. (2026). Citation check: Hypothetical Surveys and Real Economic Commitments. https://app.cochat.ai/papers/10.2307/3146318
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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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