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Referenda under Oath

Listed author(s):
  • Nicolas Jacquemet

    ()

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics)

  • Alexander James

    ()

    (UW - University of Wyoming)

  • Stephane Luchini

    ()

    (GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique - ECM - Ecole Centrale de Marseille)

  • Jason Shogren

    ()

    (Departement Economy and Finance, University of Wyoming - UW - University of Wyoming)

Herein we explore whether a solemn oath can eliminate hypothetical bias in a voting referenda, a design commonly promoted in nonmarket valuation exercises for its incentive compatibility properties. First, we reject the null hypothesis that a hypothetical bias does not exist. Second, we cannot reject the hypothesis that people who sign an oath are as likely to vote for the public good (e.g., wind energy R&D) in a hypothetical referenda as in a real one. This result opens interesting avenues for improving the elicitation of preferences in the lab.

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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00490448.

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Date of creation: 08 Jun 2010
Handle: RePEc:hal:cesptp:halshs-00490448
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00490448
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