Using cheap talk as a test of validity in choice experiments

@article{citeulike:349989, abstract = {In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food is found to be lower in the survey version with cheap talk. Our test can be seen as a test of hypothetical bias. This implies that we cannot reject the hypothesis of a hypothetical bias for marginal WTP in choice experiments.}, author = {Carlsson, Fredrik and Frykblom, Peter and Johan}, citeulike-article-id = {349989}, doi = {10.1016/j.econlet.2005.03.010}, journal = {Economics Letters}, keywords = {choice, validity}, month = {November}, number = {2}, pages = {147--152}, posted-at = {2005-11-29 23:23:22}, priority = {2}, title = {Using cheap talk as a test of validity in choice experiments}, url = {http://dx.doi.org/10.1016/j.econlet.2005.03.010}, volume = {89}, year = {2005} }

TY - JOUR ID - citeulike:349989 L3 - citeulike-article-id:349989 TI - Using cheap talk as a test of validity in choice experiments JF - Economics Letters VL - 89 IS - 2 SP - 147 EP - 152 N2 - In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food is found to be lower in the survey version with cheap talk. Our test can be seen as a test of hypothetical bias. This implies that we cannot reject the hypothesis of a hypothetical bias for marginal WTP in choice experiments. KW - choice KW - validity AU - Carlsson, Fredrik AU - Frykblom, Peter AU - Johan PY - 2005/11// UR - http://dx.doi.org/10.1016/j.econlet.2005.03.010 ER -