共 42 条
Is cheap talk effective at eliminating hypothetical bias in a provision point mechanism?
被引:106
|作者:
Murphy, JJ
Stevens, TH
Weatherhead, D
机构:
[1] Univ Massachusetts, Dept Resource Econ, Amherst, MA 01003 USA
[2] Univ Massachusetts, Ctr Publ Policy & Adm, Amherst, MA 01003 USA
[3] Univ Massachusetts, Dept Resource Econ, Amherst, MA 01002 USA
[4] US EPA, Off Air Qual Planning & Stand, Res Triangle Pk, NC 27711 USA
来源:
关键词:
contingent valuation;
experiments;
hypothetical bias;
voluntary contributions;
D O I:
10.1007/s10640-004-4224-y
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
Significant difference between response to real and hypothetical valuation questions is often referred to as hypothetical bias. Some economists have had success with using "cheap talk" (which entails reading a script that explicitly highlights the hypothetical bias problem before participants make any decisions) as a means of generating unbiased responses in a referendum format. In this article, we test the robustness of cheap talk using a voluntary contribution mechanism with a provision point over a wide range of possible payment amounts. Our results confirm the existence of hypothetical bias, and suggest that cheap talk may eliminate hypothetical bias, but only for respondents facing higher payments.
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页码:327 / 343
页数:17
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