Hypothetical bias for private goods: does cheap talk make a difference?
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References listed on IDEAS
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- Magdalena Brzozowicz & Michał Krawczyk & Przemysław Kusztelak, 2017. "Do anchors hold for real? Anchoring effect and hypothetical bias in declared WTP," Working Papers 2017-24, Faculty of Economic Sciences, University of Warsaw.
- Penn, Jerrod & Hu, Wuyang, 2016. "Making the Most of Cheap Talk in an Online Survey," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236171, Agricultural and Applied Economics Association.
More about this item
Keywordsexperimental economics; willingness to pay; cheap talk; hypothetical bias;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2016-02-12 (All new papers)
- NEP-DCM-2016-02-12 (Discrete Choice Models)
- NEP-EXP-2016-02-12 (Experimental Economics)
- NEP-MKT-2016-02-12 (Marketing)
- NEP-UPT-2016-02-12 (Utility Models & Prospect Theory)
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