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| Racevskis, Laila A.; Lupi, Frank. |
| The manner in which WTP survey responses are elicited has received much attention in the nonmarket valuation literature because of the potential bias that may be introduced via alternate response formats. One issue of particular concern is that of incentive compatibility. Several studies have concluded that response formats that present a series of valuation questions are not incentive compatible. While the single dichotomous choice elicitation format reduces the amount of information collected, multiple-bounded elicitation formats may yield biased, unreliable results. Understanding this trade-off can help provide better information on response formats that will elicit incentive compatible responses and therefore provide realistic and policy-relevant... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6477 |
