Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2015 - Revised version, April 2015
Cason and Plott (2014) show that subjects' misconception about the incentive properties of the Becker-DeGroot-Marschak (BDM) value elicitation procedure can generate data patterns that look like - and might thus be misinterpreted as evidence for - preferences constructed from endowments or...