Strategic response: A key to understand how cheap talk works
Author
Abstract
Suggested Citation
DOI: 10.1111/cjag.12182
Download full text from publisher
References listed on IDEAS
- Rodolfo M. Nayga, Jr. & Ximing Wu & Robert G. Brummett, 2007. "On the Use of Cheap Talk in New Product Valuation," Economics Bulletin, AccessEcon, vol. 2(1), pages 1-9.
- Christian A. Vossler & Maurice Doyon & Daniel Rondeau, 2012.
"Truth in Consequentiality: Theory and Field Evidence on Discrete Choice Experiments,"
American Economic Journal: Microeconomics, American Economic Association, vol. 4(4), pages 145-171, November.
- Frédéric Roy-Vigneault & Daniel Rondeau & Maurice Doyon & Christian A. Vossler, 2010. "Truth in Consequentiality: Theory and Field Evidence on Discrete Choice Experiments," CIRANO Working Papers 2010s-43, CIRANO.
- Dan Ariely & George Loewenstein & Drazen Prelec, 2003. ""Coherent Arbitrariness": Stable Demand Curves Without Stable Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 73-106.
- Laurent Muller & Bernard Ruffieux, 2011.
"Do price-tags influence consumers’ willingness to pay? On the external validity of using auctions for measuring value,"
Experimental Economics, Springer;Economic Science Association, vol. 14(2), pages 181-202, May.
- Muller, L. & Ruffieux, B., 2010. "Do price-tags influence consumers' willingness to pay ? On external validity of using auctions for measuring value," Working Papers 201003, Grenoble Applied Economics Laboratory (GAEL).
- 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, January.
- Karen Blumenschein & Glenn C. 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, January.
- Karen Blumenschein & Magnus Johannesson & Glenn C. Blomquist & Bengt Liljas & Richard M. O’Conor, 1998. "Experimental Results on Expressed Certainty and Hypothetical Bias in Contingent Valuation," Southern Economic Journal, John Wiley & Sons, vol. 65(1), pages 169-177, July.
- 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.
- Richard Carson & Theodore Groves & John List, 2013. "Consequentiality: A Theoretical and Experimental Exploration of a Single Binary Choice," Natural Field Experiments 00459, The Field Experiments Website.
- Jacquemet, Nicolas & Joule, Robert-Vincent & Luchini, Stéphane & Shogren, Jason F., 2013.
"Preference elicitation under oath,"
Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 110-132.
- Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2009. "Preference Elicitation under Oath," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00396721, HAL.
- Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2013. "Preference Elicitation under Oath," Post-Print halshs-00731244, HAL.
- Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2009. "Preference Elicitation under Oath," Post-Print halshs-00396721, HAL.
- Nicolas Jacquemet & Robert-Vincent Joule & Stéphane Luchini & Jason F. Shogren, 2009. "Preference Elicitation under Oath," Documents de travail du Centre d'Economie de la Sorbonne 09043, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2013. "Preference Elicitation under Oath," PSE-Ecole d'économie de Paris (Postprint) halshs-00731244, HAL.
- Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2013. "Preference Elicitation under Oath," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00731244, HAL.
- Jayson L. Lusk, 2003.
"Effects of Cheap Talk on Consumer Willingness-to-Pay for Golden Rice,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(4), pages 840-856.
- Lusk, Jayson L., 2002. "Effects Of Cheap Talk On Consumer Willingness-To-Pay For Golden Rice," 2002 Annual meeting, July 28-31, Long Beach, CA 19597, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Maurice Doyon & Laure Saulais & Bernard Ruffieux & Denise Bweli, 2015. "Hypothetical bias for private goods: does cheap talk make a difference?," Post-Print hal-01254936, HAL.
- Glynn T. Tonsor & Robert S. Shupp, 2011. "Cheap Talk Scripts and Online Choice Experiments: "Looking Beyond the Mean"," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(4), pages 1015-1031.
- James Murphy & P. Allen & Thomas Stevens & Darryl Weatherhead, 2005.
"A Meta-analysis of Hypothetical Bias in Stated Preference Valuation,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(3), pages 313-325, March.
- Murphy, James J. & Allen, P. Geoffrey & Stevens, Thomas H. & Weatherhead, Darryl, 2003. "A Meta-Analysis Of Hypothetical Bias In Stated Preference Valuation," Working Paper Series 14518, University of Massachusetts, Amherst, Department of Resource Economics.
- Glenn W. Harrison & Ronald M. Harstad & E. Elisabet Rutstr–m, 2004. "Experimental Methods and Elicitation of Values," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 123-140, June.
- Maurice Doyon & Stéphane Bergeron, 2016. "Understanding Strategic Behavior and Its Contribution to Hypothetical Bias When Eliciting Values for a Private Good," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(4), pages 653-666, December.
- Laura O. Taylor & Ronald G. Cummings, 1999. "Unbiased Value Estimates for Environmental Goods: A Cheap Talk Design for the Contingent Valuation Method," American Economic Review, American Economic Association, vol. 89(3), pages 649-665, June.
- John List & Craig Gallet, 2001. "What Experimental Protocol Influence Disparities Between Actual and Hypothetical Stated Values?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 20(3), pages 241-254, November.
- 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.
- Vossler, Christian & Watson, Sharon, 2012. "Understanding the consequences of consequentiality: Testing the validity of stated preferences in the field," MPRA Paper 48109, University Library of Munich, Germany.
- Carlsson, Fredrik & Frykblom, Peter & Johan Lagerkvist, Carl, 2005.
"Using cheap talk as a test of validity in choice experiments,"
Economics Letters, Elsevier, vol. 89(2), pages 147-152, November.
- Carlsson, Fredrik & Frykblom, Peter & Lagerkvist, Carl-Johan, 2004. "Using Cheap-Talk as a Test of Validity in Choice Experiments," Working Papers in Economics 128, University of Gothenburg, Department of Economics.
- Kar H. Lim & Wuyang Hu, 2016. "How Local Is Local? A Reflection on Canadian Local Food Labeling Policy from Consumer Preference," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(1), pages 71-88, March.
- F. Bailey Norwood & Jayson L. Lusk, 2011. "Social Desirability Bias in Real, Hypothetical, and Inferred Valuation Experiments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(2), pages 528-534.
- repec:hal:pseose:halshs-00731244 is not listed on IDEAS
- Laurent Muller & Bernard Ruffieux, 2011. "Do price-tags influence consumers’ willingness to pay? On the external validity of using auctions for measuring value," Post-Print hal-01799824, HAL.
- Loomis, John B., 2014. "2013 WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 39(1), pages 1-13, April.
- Jayson Lusk & Leatta McLaughlin & Sara Jaeger, 2007. "Strategy and response to purchase intention questions," Marketing Letters, Springer, vol. 18(1), pages 31-44, June.
- Silva, Andres & Nayga, Rodolfo M., Jr. & Campbell, Benjamin L. & Park, John L., 2011. "Revisiting Cheap Talk with New Evidence from a Field Experiment," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(2), pages 1-12, August.
- Caputo, Vincenzina & Lusk, Jayson L. & Nayga, Rodolfo M., 2018. "Choice experiments are not conducted in a vacuum: The effects of external price information on choice behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 335-351.
- Vincenzina Caputo & Ellen J. Van Loo & Riccardo Scarpa & Rodolfo M. Nayga & Wim Verbeke, 2018. "Comparing Serial, and Choice Task Stated and Inferred Attribute Non†Attendance Methods in Food Choice Experiments," Journal of Agricultural Economics, Wiley Blackwell, vol. 69(1), pages 35-57, February.
- Richard Carson & Theodore Groves, 2007.
"Incentive and informational properties of preference questions,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 181-210, May.
- Carson, Richard T & Groves, Theodore, 2010. "Incentive and Information Properties of Preference Questions," University of California at San Diego, Economics Working Paper Series qt88d8644g, Department of Economics, UC San Diego.
- 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.
- John A. List, 2001.
"Do Explicit Warnings Eliminate the Hypothetical Bias in Elicitation Procedures? Evidence from Field Auctions for Sportscards,"
American Economic Review, American Economic Association, vol. 91(5), pages 1498-1507, December.
- John List, 2001. "Do explicit warnings eliminate the hypothetical bias in elicitation procedures? Evidence from field auctions for sportscards," Framed Field Experiments 00163, The Field Experiments Website.
- David Aadland & Arthur J. Caplan, 2003. "Willingness to Pay for Curbside Recycling with Detection and Mitigation of Hypothetical Bias," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 492-502.
- Inês Viegas & Luís Catela Nunes & Lívia Madureira & Magda Aguiar Fontes & José Lima Santos, 2014. "Beef Credence Attributes: Implications of Substitution Effects on Consumers’ WTP," Journal of Agricultural Economics, Wiley Blackwell, vol. 65(3), pages 600-615, September.
- McKinley Blackburn & Glenn W. Harrison & E. Elisabet Rutström, 1994. "Statistical Bias Functions and Informative Hypothetical Surveys," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(5), pages 1084-1088.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Maurice Doyon & Stéphane Bergeron & Jacinthe Cloutier, 2022. "Analyse des préférences des résidents-propriétaires de la ville de Québec pour l’aménagement de bassins de rétention à proximité," CIRANO Working Papers 2022s-17, CIRANO.
- Xie, Lusi & Adamowicz, Wiktor & Kecinski, Maik & Fooks, Jacob R., 2022. "Using economic experiments to assess the validity of stated preference contingent behavior responses," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
- Zawojska, Ewa & Gastineau, Pascal & Mahieu, Pierre-Alexandre & Cheze, Benoit & Paris, Anthony, 2021. "Measuring policy consequentiality perceptions in stated preference surveys," 2021 Annual Meeting, August 1-3, Austin, Texas 313977, Agricultural and Applied Economics Association.
- Mergenthaler, Marcus & Schröter, Iris, 2020. "Institutionelle Grenzen und Perspektiven bei der ökonomischen Bewertung und der Bereitstellung von Tierwohl," 60th Annual Conference, Halle/ Saale, Germany, September 23-25, 2020 305598, German Association of Agricultural Economists (GEWISOLA).
- Mergenthaler, Marcus & Schröter, Iris, 2020. "Institutionelle Grenzen und Perspektiven bei der ökonomischen Bewertung und der Bereitstellung von Tierwohl," 60th Annual Conference, Halle/ Saale, Germany, September 23-25, 2020 305598, German Association of Agricultural Economists (GEWISOLA).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Haghani, Milad & Bliemer, Michiel C.J. & Rose, John M. & Oppewal, Harmen & Lancsar, Emily, 2021. "Hypothetical bias in stated choice experiments: Part II. Conceptualisation of external validity, sources and explanations of bias and effectiveness of mitigation methods," Journal of choice modelling, Elsevier, vol. 41(C).
- Mohammed H. Alemu & Søren B. Olsen, 2017. "Can a Repeated Opt-Out Reminder remove hypothetical bias in discrete choice experiments? An application to consumer valuation of novel food products," IFRO Working Paper 2017/05, University of Copenhagen, Department of Food and Resource Economics.
- Milad Haghani & Michiel C. J. Bliemer & John M. Rose & Harmen Oppewal & Emily Lancsar, 2021. "Hypothetical bias in stated choice experiments: Part II. Macro-scale analysis of literature and effectiveness of bias mitigation methods," Papers 2102.02945, arXiv.org.
- Maurice Doyon & Laure Saulais & Bernard Ruffieux & Denise Bweli, 2015. "Hypothetical bias for private goods: does cheap talk make a difference?," Post-Print hal-01254936, HAL.
- Fifer, Simon & Rose, John M., 2016. "Can you ever be certain? Reducing hypothetical bias in stated choice experiments via respondent reported choice certaintyAuthor-Name: Beck, Matthew J," Transportation Research Part B: Methodological, Elsevier, vol. 89(C), pages 149-167.
- Sergio Colombo & Wiktor Budziński & Mikołaj Czajkowski & Klaus Glenk, 2022. "The relative performance of ex‐ante and ex‐post measures to mitigate hypothetical and strategic bias in a stated preference study," Journal of Agricultural Economics, Wiley Blackwell, vol. 73(3), pages 845-873, September.
- John K. Horowitz & Kenneth E. McConnell & James J. Murphy, 2013.
"Behavioral foundations of environmental economics and valuation,"
Chapters, in: John A. List & Michael K. Price (ed.), Handbook on Experimental Economics and the Environment, chapter 4, pages 115-156,
Edward Elgar Publishing.
- John K. Horowitz & Kenneth E. McConnell & James J. Murphy, 2012. "Behavioral Foundations of Environmental Economics and Valuation," Working Papers 2012-03, University of Alaska Anchorage, Department of Economics.
- Félix Muñoz-García & Tongzhe Li, 2018. "Explaining Hypothetical Bias Variations Using Income Elasticity of Demand," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 35(3), pages 207-224, September.
- 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.
- 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.
- Baoubadi Atozou & Lota Tamini & Stéphane Bergeron & Maurice Doyon, 2019. "Factors Explaining the Hypothetical Bias: How to Improve Models for Meta-analyses," CIRANO Working Papers 2019s-30, CIRANO.
- Crastes dit Sourd, Romain & Zawojska, Ewa & Mahieu, Pierre-Alexandre & Louviere, Jordan, 2018.
"Mitigating strategic misrepresentation of values in open-ended stated preference surveys by using negative reinforcement,"
Journal of choice modelling, Elsevier, vol. 28(C), pages 153-166.
- Romain Crastes Dit Sourd & Ewa Zawojska & Pierre-Alexandre Mahieu & Jordan Louviere, 2018. "Mitigating strategic misrepresentation of values in open-ended stated preference surveys by using negative reinforcement," Post-Print hal-03714048, HAL.
- Penn, Jerrod & Hu, Wuyang, 2016. "Making the Most of Cheap Talk in an Online Survey," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236171, Agricultural and Applied Economics Association.
- Sergio Colombo & Wiktor Budziński & Mikołaj Czajkowski & Klaus Glenk, 2020. "Ex-ante and ex-post measures to mitigate hypothetical bias. Are they alternative or complementary tools to increase the reliability and validity of DCE estimates?," Working Papers 2020-20, Faculty of Economic Sciences, University of Warsaw.
- Kar Ho Lim & Wuyang Hu, 2023. "Contextual reference price in choice experiments," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(4), pages 1288-1306, August.
- Wuepper, David & Clemm, Alexandra & Wree, Philipp, 2019. "The preference for sustainable coffee and a new approach for dealing with hypothetical bias," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 475-486.
- Loomis, John B., 2014. "2013 WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 39(1), pages 1-13, April.
- Robert J. Johnston & Kevin J. Boyle & Wiktor (Vic) Adamowicz & Jeff Bennett & Roy Brouwer & Trudy Ann Cameron & W. Michael Hanemann & Nick Hanley & Mandy Ryan & Riccardo Scarpa & Roger Tourangeau & Ch, 2017. "Contemporary Guidance for Stated Preference Studies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(2), pages 319-405.
- Ladenburg, Jacob & Olsen, Søren Bøye, 2014.
"Augmenting short Cheap Talk scripts with a repeated Opt-Out Reminder in Choice Experiment surveys,"
Resource and Energy Economics, Elsevier, vol. 37(C), pages 39-63.
- Jacob Ladenburg & Søren Bøye Olsen, 2010. "Augmenting short Cheap Talk scripts with a repeated Opt-Out Reminder in Choice Experiment surveys," IFRO Working Paper 2010/9, University of Copenhagen, Department of Food and Resource Economics.
- Daniel A. Brent & Lata Gangadharan & Anke Leroux & Paul A. Raschky, 2016.
"Putting Your Money Where Your Mouth Is,"
Monash Economics Working Papers
42-16, Monash University, Department of Economics.
- Brent, Daniel A. & Gangadharan, Lata & Leroux, Anke & Raschky, Paul, 2016. "Putting Your Money Where Your Month Is," 2016 Conference (60th), February 2-5, 2016, Canberra, Australia 235377, Australian Agricultural and Resource Economics Society.
- Dominique Ami & Frédéric Aprahamian & Olivier Chanel & Stéphane Luchini, 2011.
"A Test of Cheap Talk in Different Hypothetical Contexts: The Case of Air Pollution,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(1), pages 111-130, September.
- Dominique Ami & Frédéric Aprahamian & Olivier Chanel & Stephane Luchini, 2009. "A Test Of Cheap Talk In Different Hypothetical Contexts: The Case Of Air Pollution," Working Papers halshs-00382511, HAL.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:canjag:v:67:y:2019:i:1:p:75-83. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/caefmea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.