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Validating Hypothetical Surveys Using Binding Public Referenda: Implications for Stated Preference Valuation

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  • Johnston, Robert J.
  • Joglekar, Deepak P.

Abstract

This study presents a criterion validity test in which stated choices are compared to subsequent binding referendum votes. The study is distinguished by identical hypothetical and actual choice contexts, and results that show no evidence of hypothetical bias. Results suggest a number of possibilities for amelioration of hypothetical bias.

Suggested Citation

  • Johnston, Robert J. & Joglekar, Deepak P., 2005. "Validating Hypothetical Surveys Using Binding Public Referenda: Implications for Stated Preference Valuation," 2005 Annual meeting, July 24-27, Providence, RI 19519, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea05:19519
    DOI: 10.22004/ag.econ.19519
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