WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys

In some, but not all, contexts, respondents to stated preference valuation studies state a willingness to pay (WTP) higher than what lab or field experiments indicate is the actual amount they would pay. However, several ex ante survey design strategies and ex post calibration techniques can be used...

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Bibliographic Details
Main Author: John B. Loomis
Format: Article
Language:English
Published: Western Agricultural Economics Association 2014-04-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/168258

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