期刊
ENVIRONMENTAL & RESOURCE ECONOMICS
卷 34, 期 1, 页码 163-172出版社
SPRINGER
DOI: 10.1007/s10640-005-3785-8
关键词
valuation; experiments; hypothetical bias; rational choice
Experimental methods have proven useful to explore the power and limits to nonmarket valuation through stated preference methods. We now understand better how people learn about and react to the incentives, institutions, and information created by surveys. This paper briefly reviews topics in experimental valuation, including ex ante bias corrections, ex post bias calibration, and examining the circumstances that strengthen or weaken the economist's presumption of rational valuation.
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