Dataset and protocols on the applicability of the BDM mechanism in product evaluation
Understanding how to best elicit consumers' willingness to pay (WTP) for goods in an incentive-aligned way is one of the cornerstones in marketing planning decisions and consumer welfare theory. This article provides a dataset from an experiment with n = 107 consumers that measured the WTP for...
Main Authors: | Marcel Lichters, Verena Wackershauser, Shixing Han, Bodo Vogt |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2019-08-01
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Series: | Data in Brief |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2352340919304147 |
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