of WTP in the presence of starting point bias; (2) whether or not these biases depend on the distribution of WTP and on … starting point bias is complex and depends on the true distribution of WTP. Bid set dummies tend to soak up misspecifications …We examine starting point bias in CV surveys with dichotomous choice payment questions and follow-ups, and double …

This paper proposes an ESTAR modeling framework to analyze the anchoring of inflation expectations. Anchoring criteria …

Hypothetical bias is one of the main issues bedeviling the field of nonmarket valuation. The general criticism is that …

incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in …

We consider two semiparametric models for the weight function in a bias sample model. The object of our interest … motivated by the estimation the mixing distribution of individual utility functions in the DAX market. …

below or above average, which is in line with a fairness bias. Finally, subjects not knowing whether their pre-tax income is …

former is easier to implement, while the latter is known to be more efficient. We analyse the bias of the ML estimates …

Selectivity bias caused by protest responses in Contingent Valuation studies can be detected and corrected by means of … effect of protest responses would cause an upwards bias of the final estimates of WTP. …