The evidence for hypothetical bias over uncertain outcomes is reviewed. Consistent with the evidence for deterministic …

This simple classroom experiment demonstrates the existence of starting point bias. Asked to place a dollar value on a … large value is originally suggested. This experiment can be used in theory classes to demonstrate the limits of individual …

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 …

This paper uses a meta-analysis to explore the relationship between hypothetical bias and the price respondents are … actual payment conditions. Since the bias increases for larger dollar amounts, any simple guidelines, such as NOAA's "divide …

testing and correcting for unit and item nonresponse bias in contingent valuation survey data. When sample nonresponse and … selection bias go uncorrected, welfare measures may be overestimated or underestimated contributing to potential errors in …

skewness. Since a comprehensive theory of hypothetical bias has not been developed, we use a set of explanatory variables based … bias. Results are quite sensitive to model specification, which will remain a problem until a comprehensive theory of … reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary …

-survey experiment to investigate how knowledge of party positions affects policy choices. We followed standard procedures in developing … an attribute-based choice experiment on alternative land-use policies in Switzerland. In contrast to the usual … ; choice experiment ; contingent valuation ; landscape ; heuristics ; information ; preference formation ; public goods …