Advanced Search
MyIDEAS: Login to save this paper or follow this series

Mitigating Hypothetical Bias in Stated Preference Data: Evidence from Sports Tourism

Contents:

Author Info

  • John Whitehead
  • Melissa S. Weddell
  • Pete Groothuis

Abstract

One of the major criticisms of stated preference data is hypothetical bias. Using a unique data set of both stated and actual behavior we test for hypothetical bias of stated preference survey responses. We consider whether respondents tend to overstate their participatory sporting event behavior ex ante when compared to their actual behavior at different registration fees. We find that behavioral intentions accurately predicts actual behavior at a middle level of respondent certainty, over predicts actual behavior at a lower level of certainty and under predicts behavior at a higher level of certainty. This suggests that respondent uncertainty corrections can be used to mitigate hypothetical bias. Stated preference data can be used better understand actual behavior in situations where no data exist. Key Words: Hypothetical bias, stated preference data

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. 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://econ.appstate.edu/RePEc/pdf/wp1406.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Department of Economics, Appalachian State University in its series Working Papers with number 14-06.

as in new window
Length:
Date of creation: 2014
Date of revision:
Handle: RePEc:apl:wpaper:14-06

Contact details of provider:
Postal: Thelma C. Raley Hall, Boone, North Carolina 28608
Phone: 828-262-2148
Fax: 828-262-6105
Web page: http://www.business.appstate.edu/departments/economics/
More information through EDIRC

Related research

Keywords:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

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.:
as in new window
  1. Richard T. Carson, 2012. "Contingent Valuation: A Practical Alternative When Prices Aren't Available," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 27-42, Fall.
  2. Jerry Hausman, 2012. "Contingent Valuation: From Dubious to Hopeless," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 43-56, Fall.
  3. John C. Whitehead & Bruce K. Johnson & Daniel S. Mason & Gordon J. Walker, 2013. "Consumption Benefits Of National Hockey League Game Trips Estimated From Revealed And Stated Preference Demand Data," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 1012-1025, 01.
  4. Ann L. Owen & Julio Videras & Stephen Wu, 2012. "More Information Is Not Always Better: The Case Of Voluntary Provision Of Environmental Quality," Economic Inquiry, Western Economic Association International, vol. 50(3), pages 585-603, 07.
  5. Vossler, Christian A. & Watson, Sharon B., 2013. "Understanding the consequences of consequentiality: Testing the validity of stated preferences in the field," Journal of Economic Behavior & Organization, Elsevier, vol. 86(C), pages 137-147.
  6. Patricia Champ & Richard Bishop, 2001. "Donation Payment Mechanisms and Contingent Valuation: An Empirical Study of Hypothetical Bias," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(4), pages 383-402, August.
  7. repec:ebl:ecbull:v:3:y:2004:i:6:p:1-13 is not listed on IDEAS
  8. John C. Whitehead & Douglas Noonan & Elizabeth Marquardt, 2012. "Criterion and Predictive Validity of Revealed and Stated Preference Data: The Case of Music Concert Demand," Working Papers 12-05, Department of Economics, Appalachian State University.
  9. John Loomis, 1993. "An investigation into the reliability of intended visitation behavior," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(2), pages 183-191, April.
  10. Timothy C. Haab & Matthew G. Interis & Daniel R. Petrolia & John C. Whitehead, 2013. "From Hopeless to Curious? Thoughts on Hausman’s “Dubious to Hopeless” Critique of Contingent Valuation," Working Papers 13-07, Department of Economics, Appalachian State University.
  11. John C. Whitehead & Subhrendu K. Pattanayak & George L. Van Houtven & Brett R. Gelso, 2005. "Combining Revealed and Stated Preference Data to Estimate the Nonmarket Value of Ecological Services: An Assessment of the State of the Science," Working Papers 05-19, Department of Economics, Appalachian State University, revised 2007.
  12. Joseph Little & Robert Berrens, 2004. "Explaining Disparities between Actual and Hypothetical Stated Values: Further Investigation Using Meta-Analysis," Economics Bulletin, AccessEcon, vol. 3(6), pages 1-13.
  13. John Loomis, 2011. "What'S To Know About Hypothetical Bias In Stated Preference Valuation Studies?," Journal of Economic Surveys, Wiley Blackwell, vol. 25(2), pages 363-370, 04.
  14. Dickie, M. & Fisher, A. & Gerking, S.D., 1987. "Market transactions and hypothetical demand data: A comparative study," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4628501, Tilburg University.
  15. repec:feb:framed:0073 is not listed on IDEAS
  16. Karen Blumenschein & GlennC. Blomquist & Magnus Johannesson & Nancy Horn & Patricia Freeman, 2008. "Eliciting Willingness to Pay Without Bias: Evidence from a Field Experiment," Economic Journal, Royal Economic Society, vol. 118(525), pages 114-137, 01.
  17. W. Douglass Shaw, 2002. "Testing the Validity of Contingent Behavior Trip Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 401-414.
Full references (including those not matched with items on IDEAS)

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Hypothetical Bias presentation at TAMU; & et cetera
    by John Whitehead in Environmental Economics on 2014-04-11 09:37:46

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:apl:wpaper:14-06. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (O. Ashton Morgan).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.