This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

An Experimental Testing of Anchoring Effects in Discrete Choice Questions

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
P. Frykblom ()
Jason Shogren

Additional information is available for the following registered author(s):

Abstract

This paper re-examines the openended/dichotomous choice question in the lab. It hasearlier been suggested that the dichotomous choiceformat suffers from anchoring and yea-saying.Comparing actual economic commitments for a privategood with a significant market value, we cannot rejectthe null hypothesis of equal WTP for the two formats.We conclude that problems with DC might be due toissues of how the survey is framed, not the DCquestion itself. Copyright Kluwer Academic Publishers 2000

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1023/A:1008388421810
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 16 (2000)
Issue (Month): 3 (July)
Pages: 329-341
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:enreec:v:16:y:2000:i:3:p:329-341

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100263

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: anchoring; contingent valuation; experimental economics;

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier. [Downloadable!] (restricted)
  2. Frykblom, Peter, 1997. "Hypothetical Question Modes and Real Willingness to Pay," Journal of Environmental Economics and Management, Elsevier, vol. 34(3), pages 275-287, November. [Downloadable!] (restricted)
  3. Green, Donald & Jacowitz, Karen E. & Kahneman, Daniel & McFadden, Daniel, 1998. "Referendum contingent valuation, anchoring, and willingness to pay for public goods," Resource and Energy Economics, Elsevier, vol. 20(2), pages 85-116, June. [Downloadable!] (restricted)
    Other versions:
  4. Kanninen Barbara J., 1995. "Bias in Discrete Response Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 114-125, January. [Downloadable!] (restricted)
  5. Herriges, Joseph A. & Shogren, Jason F., 1996. "Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 112-131, January. [Downloadable!] (restricted)
    Other versions:
  6. Holmes Thomas P. & Kramer Randall A., 1995. "An Independent Sample Test of Yea-Saying and Starting Point Bias in Dichotomous-Choice Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 29(1), pages 121-132, July. [Downloadable!] (restricted)
  7. Hanemann, W Michael, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall. [Downloadable!] (restricted)
  8. Bengt Kriström, 1993. "Comparing continuous and discrete contingent valuation questions," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(1), pages 63-71, February. [Downloadable!] (restricted)
  9. Hoehn, John P. & Randall, Alan, 1987. "A satisfactory benefit cost indicator from contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 14(3), pages 226-247, September. [Downloadable!] (restricted)
  10. Cummings, Ronald G & Harrison, Glenn W & Rutstrom, E Elisabet, 1995. "Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible?," American Economic Review, American Economic Association, vol. 85(1), pages 260-66, March.
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Michael Ahlheim & Benchaphun Ekasingh & Oliver Frör & Jirawan Kitchaicharoen & Andreas Neef & Chapika Sangkapitux & Nopasom Sinphurmsukskul, 2008. "Better than their reputation - A case for mail surveys in contingent valuation," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 297/2008, Department of Economics, University of Hohenheim, Germany. [Downloadable!]
  2. W. Viscusi & Joel Huber & Jason Bell, 2008. "The Economic Value of Water Quality," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 41(2), pages 169-187, October. [Downloadable!] (restricted)
  3. Arthur van Soest & Michael Hurd, 2004. "Models for Anchoring and Acquiescence Bias in Consumption Data," Working Papers 146, RAND Corporation Publications Department. [Downloadable!]
    Other versions:
  4. Fredrik Carlsson & Peter Frykblom & Carl Lagerkvist, 2007. "Preferences with and without prices - does the price attribute affect behavior in stated preference surveys?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 38(2), pages 155-164, October. [Downloadable!] (restricted)
    Other versions:
  5. Arthur van Soest & Michael Hurd, 2003. "A Test for Anchoring and Yea-Saying in Experimental Consumption Data," Working Papers 147, RAND Corporation Publications Department. [Downloadable!]
    Other versions:
  6. Munro, Alistair, 2007. "When is some number really better than no number? On the optimal choice between non-market valuation methods," MPRA Paper 8978, University Library of Munich, Germany. [Downloadable!]
  7. Marit E Kragt & Jeff Bennett, . "What’s appropriate? Investigating the Effects of Attribute Level Framing and Changing Cost Levels in Choice Experiments," Environmental Economics Research Hub Research Reports 0917, Environmental Economics Research Hub, Crawford School, Australian National University. [Downloadable!]
  8. Daniel McFadden, 2009. "The human side of mechanism design: a tribute to Leo Hurwicz and Jean-Jacque Laffont," Review of Economic Design, Springer, vol. 13(1), pages 77-100, April. [Downloadable!] (restricted)
  9. Loureiro, Maria L. & Umberger, Wendy J., 2003. "Consumer Response To Country-Of-Origin Labeling Program In The Context Of Heterogenous Preferences," 2003 Annual meeting, July 27-30, Montreal, Canada 22129, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  10. Kelly B. Maguire & Laura O. Taylor & Shiferaw Gurmu, 2003. "Do students behave like adults? Evidence from valuation experiments," Applied Economics Letters, Taylor and Francis Journals, vol. 10(12), pages 753-756, October. [Downloadable!] (restricted)
  11. Marit Kragt & Jeff Bennett, 2008. "Designing Choice Experiments to Test for Anchoring and Framing Effects," Environmental Economics Research Hub Research Reports 0810, Environmental Economics Research Hub, Crawford School, Australian National University. [Downloadable!]
  12. Michael Ahlheim & Oliver Frör & Antonia Heinke & Alwin Keil & Nguyen Minh Duc & Pham Van Dinh & Camille Saint-Macary & Manfred Zeller, 2008. "Landslides in mountainous regions of Northern Vietnam: Causes, protection strategies and the assessment of economic losses," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 298/2008, Department of Economics, University of Hohenheim, Germany. [Downloadable!]
  13. Ahlheim, Michael & Fror, Oliver & Sinphurmsukskul, Nopasom, 2006. "The Role of Participation in CVM Survey Design: Evidence from a Tap Water Improvement Program in Northern Thailand," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25692, International Association of Agricultural Economists. [Downloadable!]
  14. Michael Ahlheim & Benchaphun Ekasingh & Oliver Frör & Jirawan Kitchaincharoen & Andreas Neef & Chapika Sangkapitux & Nopasom Sinphurmsukskul, 2007. "Using Citizen Expert Groups in Environmental Valuation - Lessons from a CVM study in Northern Thailand," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 283/2007, Department of Economics, University of Hohenheim, Germany. [Downloadable!]
Statistics
Access and download statistics

Did you know? RePEc also has a blog.

This page was last updated on 2009-12-4.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.