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Meta-Analysis of the Probability of Disparity between Actual and Hypothetical Valuation Responses: Extension and Preliminary New Results

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  • Little, Joseph
  • Broadbent, Craig D.
  • Berrens, Robert P.

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  • Little, Joseph & Broadbent, Craig D. & Berrens, Robert P., 2012. "Meta-Analysis of the Probability of Disparity between Actual and Hypothetical Valuation Responses: Extension and Preliminary New Results," Western Economics Forum, Western Agricultural Economics Association, vol. 11(1), pages 1-12.
    • Handle: RePEc:ags:weecfo:176522
    DOI: 10.22004/ag.econ.176522
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    References listed on IDEAS

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    1. John Talberth & Robert P. Berrens & Michael Mckee & Michael Jones, 2006. "Averting And Insurance Decisions In The Wildland–Urban Interface: Implications Of Survey And Experimental Data For Wildfire Risk Reduction Policy," Contemporary Economic Policy, Western Economic Association International, vol. 24(2), pages 203-223, April.
    2. Poe, Gregory L. & Vossler, Christian A., 2009. "Consequentiality and contingent values: an emerging paradigm," MPRA Paper 38864, University Library of Munich, Germany.
    3. Joseph M. Little & Kristine M. Grimsrud & Patricia A. Champ & Robert P. Berrens, 2006. "Investigation of Stated and Revealed Preferences for an Elk Hunting Raffle," Land Economics, University of Wisconsin Press, vol. 82(4), pages 623-640.
    4. Jeff Bennett (ed.), 2011. "The International Handbook on Non-Market Environmental Valuation," Books, Edward Elgar Publishing, number 13490.
    5. repec:feb:framed:0073 is not listed on IDEAS
    6. Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. "Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 435-462, July.
    7. Herriges, Joseph & Kling, Catherine & Liu, Chih-Chen & Tobias, Justin, 2010. "What are the consequences of consequentiality?," Journal of Environmental Economics and Management, Elsevier, vol. 59(1), pages 67-81, January.
    8. Craig E. Landry & John A. List, 2007. "Using Ex Ante Approaches to Obtain Credible Signals for Value in Contingent Markets: Evidence from the Field," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 420-429.
    9. Randall, Alan, 1998. "Beyond the crucial experiment: mapping the performance characteristics of contingent valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 197-206, June.
    10. Berrens, Robert P. & Bohara, Alok K. & Jenkins-Smith, Hank & Silva, Carol & Weimer, David L., 2003. "The Advent of Internet Surveys for Political Research: A Comparison of Telephone and Internet Samples," Political Analysis, Cambridge University Press, vol. 11(1), pages 1-22, January.
    11. 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 260-266, March.
    12. Loomis, John B. & Kroeger, Timm & Richardson, Leslie & Casey, Frank, 2008. "A Benefit Transfer Toolkit for Fish, Wildlife, Wetlands, and Open Space," Western Economics Forum, Western Agricultural Economics Association, vol. 7(2), pages 1-11.
    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, April.
    14. Pallab Mozumder & Robert Berrens, 2011. "Social context, financial stakes and hypothetical bias: an induced value referendum experiment," Applied Economics, Taylor & Francis Journals, vol. 43(29), pages 4487-4499.
    15. 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.
    16. Ian J. Bateman & Richard T. Carson & Brett Day & Michael Hanemann & Nick Hanley & Tannis Hett & Michael Jones-Lee & Graham Loomes, 2002. "Economic Valuation with Stated Preference Techniques," Books, Edward Elgar Publishing, number 2639.
    17. Richardson, Leslie & Loomis, John, 2009. "The total economic value of threatened, endangered and rare species: An updated meta-analysis," Ecological Economics, Elsevier, vol. 68(5), pages 1535-1548, March.
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    2. Brady P. Horn & Johanna Catherine Maclean & Michael R. Strain, 2017. "Do Minimum Wage Increases Influence Worker Health?," Economic Inquiry, Western Economic Association International, vol. 55(4), pages 1986-2007, October.
    3. Torell, L. Allen & Torell, Gregory L. & Tanaka, John A. & Rimbey, Neil R., 2013. "The Potential of Valuing Rangeland Ecosystem Services on Public Rangelands," Western Economics Forum, Western Agricultural Economics Association, vol. 12(1), pages 1-7.
    4. Milad Haghani & Michiel C. J. Bliemer & John M. Rose & Harmen Oppewal & Emily Lancsar, 2021. "Hypothetical bias in stated choice experiments: Part I. Integrative synthesis of empirical evidence and conceptualisation of external validity," Papers 2102.02940, arXiv.org.
    5. Bartels, Lara & Falk, Thomas & Duche, Vishwambhar & Vollan, Björn, 2022. "Experimental games in transdisciplinary research: The potential importance of individual payments," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    6. Haghani, Milad & Bliemer, Michiel C.J. & Rose, John M. & Oppewal, Harmen & Lancsar, Emily, 2021. "Hypothetical bias in stated choice experiments: Part I. Macro-scale analysis of literature and integrative synthesis of empirical evidence from applied economics, experimental psychology and neuroimag," Journal of choice modelling, Elsevier, vol. 41(C).
    7. Richard T. Carson & Theodore Groves & John A. List, 2014. "Consequentiality: A Theoretical and Experimental Exploration of a Single Binary Choice," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(1), pages 171-207.
    8. Atozou, Baoubadi & Tamini, Lota D. & Bergeronm, Stephane & Doyon, Maurice, 2020. "Factors Explaining the Hypothetical Bias: How to Improve Models for Meta-Analyses," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 45(2), March.
    9. Ola, Oreoluwa & Menapace, Luisa, 2020. "A meta-analysis understanding smallholder entry into high-value markets," World Development, Elsevier, vol. 135(C).
    10. Pengfei Liu & Xiaohui Tian, 2021. "Downward Hypothetical Bias in the Willingness to Accept Measure for Private Goods: Evidence from a Field Experiment," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(5), pages 1679-1699, October.
    11. Jerrod M. Penn & Wuyang Hu, 2021. "The Extent of Hypothetical Bias in Willingness to Accept," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(1), pages 126-141, January.
    12. Zawojska Ewa, 2017. "A Consequential Contingent Valuation Referendum: Still Not Enough to Elicit True Preferences for Public Goods!," Central European Economic Journal, Sciendo, vol. 2(49), pages 73-90, December.
    13. Penn, Jerrod & Hu, Wuyang, 2019. "Cheap talk efficacy under potential and actual Hypothetical Bias: A meta-analysis," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 22-35.

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