Understanding Hypothetical Bias: An Enhanced Meta‐Analysis
In: American Journal of Agricultural Economics, Band 100, Heft 4, S. 1186-1206
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In: American Journal of Agricultural Economics, Band 100, Heft 4, S. 1186-1206
SSRN
In: Environmental and resource economics, Band 65, Heft 4, S. 789-811
ISSN: 1573-1502
In: Environmental and resource economics, Band 37, Heft 3, S. 465-487
ISSN: 1573-1502
In: Applied economic perspectives and policy, Band 45, Heft 2, S. 721-743
ISSN: 2040-5804
AbstractThis is a case study comparing outcomes for a probability‐based representative sample versus a non‐probability convenience sample for the valuation of beach condition information among Gulf of Mexico residents. We test the efficacy of several techniques used to adjust for hypothetical bias and sample weighting to reduce hypothetical willingness to pay (WTP). Weighting makes the WTP between the two samples similar, but model equivalence with respect to the significance of explanatory variables is rejected. The results support the use of certainty follow‐ups, which consistently reduced WTP, regardless of the sampling approach or weighting.
In: Homo oeconomicus: HOE ; journal of behavioral and institutional economics, Band 35, Heft 3, S. 207-224
ISSN: 2366-6161
In: Environmental and resource economics, Band 44, Heft 2, S. 231-243
ISSN: 1573-1502
In: The B.E. journal of economic analysis & policy, Band 8, Heft 1
ISSN: 1935-1682
Abstract
A choice experiment eliciting environmental values with both real and hypothetical trade-offs is set up in order to test for hypothetical bias. A larger hypothetical bias was found in a between-subject than in a within-subject design, using otherwise identical scenarios, which can explain previous diverging results in the literature. We argue that people strive for consistency between their attitudes and behaviors, leading them to act in ways that correspond with their prior hypothetical statements. People hence seem to prefer to do what they say they would do, although this may not always reflect their true preferences regarding the good being valued.
In: Environmental and resource economics, Band 30, Heft 3, S. 313-325
ISSN: 1573-1502
In: Environmental and resource economics, Band 59, Heft 3, S. 433-454
ISSN: 1573-1502
In: American Journal of Agricultural Economics, Band 85, Heft 2, S. 492-502
SSRN
In: American Journal of Agricultural Economics, Band 95, Heft 5, S. 1136-1154
SSRN
In: Environmental and resource economics, Band 30, Heft 3, S. 327-343
ISSN: 1573-1502
In: American Journal of Agricultural Economics, Band 98, Heft 5, S. 1486-1506
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SSRN
Working paper
In: Environmental and resource economics, Band 68, Heft 3, S. 777-796
ISSN: 1573-1502