On Misrepresentation of Altruistic Preferences in Discrete-Choice Experiments

IF 1.2 4区 经济学 Q3 AGRICULTURAL ECONOMICS & POLICY
P. Johansson, B. Kriström
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引用次数: 4

Abstract

The purpose of this note is to address a problem faced in using stated preference methods to estimate willingness to pay (WTP) for a project. The considered problem occurs under pure altruism. Even though an agent is equipped with well-behaved preferences, a conventional closed-ended (binary) valuation question may induce her to overrate or underrate her true WTP. On the other hand, an open-ended valuation format seemingly provides a correct answer, but such a format fails to be incentive compatible.
离散选择实验中利他偏好的错误表述
本文的目的是解决在使用声明偏好方法来估计项目的支付意愿(WTP)时所面临的问题。所考虑的问题发生在纯利他主义下。即使代理具有良好的偏好,传统的封闭式(二元)评估问题也可能导致她高估或低估自己的真实WTP。另一方面,开放式估值格式似乎提供了一个正确的答案,但这种格式不能与激励相容。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Journal of Agricultural and Resource Economics
Journal of Agricultural and Resource Economics 社会科学-农业经济与政策
CiteScore
2.30
自引率
7.10%
发文量
0
审稿时长
>36 weeks
期刊介绍: The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.
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