Showing 1 - 10 of 254
Hypothetical bias is one of the main issues bedeviling the field of nonmarket valuation. The general criticism is that … is no longer any difference between the groups. -- Oath script ; hypothetical bias ; willingness to pay …
Persistent link: https://www.econbiz.de/10008746961
We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance …" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … Agreement and Symmetry axioms proposed in BHH; we find that for 80% of participants the evidence is very strong. The experiment …
Persistent link: https://www.econbiz.de/10010370990
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games" with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010370991
administrators working at the Swedish EPA. The experiment concerns two environmental quality objectives: a Balanced Marine … asked the administrators to motivate their choices in the experiment, and the main motive was ecological sustainability …. -- Choice experiment ; environmental policy ; administrators ; citizens ; environmental objectives. …
Persistent link: https://www.econbiz.de/10003887131
This paper analysis the possible demand for nature conservation within the Bavarian population. Drawing on the approach of revealed preferences and the mechanism of "vote with their feet" of Tiebout (1956) migration patterns in Bavarian counties are examined in more detail in order to assess the...
Persistent link: https://www.econbiz.de/10009129724
welfare estimates, and can be avoided. -- Choice experiment ; Ordered Logit ; Bias ; Preference Axioms …How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with … incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in …
Persistent link: https://www.econbiz.de/10003931382
; Entitlements ; Fairness Bias ; Risk ; Framed Tax Experiment … in bilateral settings (e.g., dictator game and ultimatum game). We use a framed experiment on taxes to study preferences … below or above average, which is in line with a fairness bias. Finally, subjects not knowing whether their pre-tax income is …
Persistent link: https://www.econbiz.de/10009665521
. This study is based on a real effort-task experiment, where the exogenous influence is twofold: it comes either as a …
Persistent link: https://www.econbiz.de/10008824133
finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed … on the well-established "miscalibration" bias. We find no gender differences in overconfidence for our measures except … bias …
Persistent link: https://www.econbiz.de/10008669956
investigate what causes the in-group bias: is it due to mere group affiliation or, alternatively, is guilt-aversion a possible … beliefs. We find that mere group affiliation affects beliefs and explains a substantial part of the bias, but we also find …
Persistent link: https://www.econbiz.de/10003724203