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Mesurer les préférences du consommateur pour orienter les décisions des pouvoirs publics : l’apport de la méthode expérimentale

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Author Info
Stéphane Robin () (University of Lyon, Lyon, F-69003, France; CNRS, UMR 5824, GATE, Ecully, F-69130, France; ENS LSH, Lyon, F-69007, France ; Centre Leon Berard, Lyon, F-69003, France)
Anne Rozan () (GSP UMR ENGEES-CEMAGREF, Strasbourg)
Bernard Ruffieux () (GAEL, UMR INRA et Grenoble Universités)

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Abstract

Individual preferences must be evaluated to take into account the citizens’ interests for public decisions. Usually, economists assess individual preferences through market decisions. But more often, public decisions impact goods without market prices. Without a market to refer to, evaluating the consequences of a public decision on individual welfare is a challenging methodological problem. In spite of major improvements, preference studies built on hypothetical questions (survey or contingent hypothetical valuations) are biased. Experimental economics is a promising alternative to obtain directly individual valuation for a choice, a scenario or a nonmarket good. Preference study in the lab based on the experimental method is a growing field. This paper aims to present this approach. Precisely, this paper answers the following questions: Why is it interesting to use the experimental method to elicit individual preferences? And how to conduct this category of experiments?

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Publisher Info
Paper provided by Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure in its series Working Papers with number 0723.

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Length: 28 pages
Date of creation: Jul 2007
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Handle: RePEc:gat:wpaper:0723

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Related research
Keywords: experimental economics; preference elicitation; public decision;

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Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
C9 - Mathematical and Quantitative Methods - - Design of Experiments
D1 - Microeconomics - - Household Behavior

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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.:
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    Other versions:
  14. Diamond, Peter A & Hausman, Jerry A, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall. [Downloadable!] (restricted)
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  17. Buhr, Brian L. & Hayes, Dermot J. & Shogren, Jason F. & Kliebenstein, James B., 1993. "Valuing Ambiguity: The Case Of Genetically Engineered Growth Enhancers," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(02), December. [Downloadable!]
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    Other versions:
  19. Kagel, John H & Harstad, Ronald M & Levin, Dan, 1987. "Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study," Econometrica, Econometric Society, vol. 55(6), pages 1275-1304, November. [Downloadable!] (restricted)
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  22. Jack Knetsch & Fang-Fang Tang & Richard Thaler, 2001. "The Endowment Effect and Repeated Market Trials: Is the Vickrey Auction Demand Revealing?," Experimental Economics, Springer, vol. 4(3), pages 257-269, December. [Downloadable!] (restricted)
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    Other versions:
  24. Hayes, Dermot J. & Shogren, Jason F. & Shin, Seung Youll & Kliebenstein, James B., 1995. "Valuing Food Safety in Experimental Auction Markets," Staff General Research Papers 835, Iowa State University, Department of Economics.
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