Hypothetical bias, choice experiments and willingness to pay
By David A. Hensher. 2010
579 citations recorded by the source corpus.
Subfields: Economics and Econometrics, General Decision Sciences, Transportation
View Paper: https://www.semanticscholar.org/paper/1edd00af3e2313fcecbe4db354cea1af5cdb8ce5
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- John M. Rose
- Michiel C. J. Bliemer
- Emily Lancsar
- Milad Haghani
- Harmen Oppewal
- David A. Hensher
- Stefan Peer
- V. Chintakayala
In General Decision Sciences
- Michiel C. J. Bliemer
- John M. Rose
- Emily Lancsar
- Milad Haghani
- Harmen Oppewal
- V. Chintakayala
- T. Luisetti
- R. Velden
In Transportation
- John M. Rose
- Michiel C. J. Bliemer
- Emily Lancsar
- Milad Haghani
- Harmen Oppewal
- V. Chintakayala
- R. Velden
- G. D. de Jong
Citations in the corpus
- Hypothetical bias in stated choice experiments: Part II. Macro-scale analysis of literature and effectiveness of bias mitigation methods (2021, background): “Efforts to design efficient CEs however will be only effective if there is sufficient behavioural realism in the underlying data (Hensher, 2010, 2015).”
- The Price of Policy Risk - Empirical Insights from Choice Experiments with European Photovoltaic Project Developers (2012, unknown): “, 1996), transportation economics (Hensher, 1994; Hensher, 2010; Train andWilson, 2008) and energy efficiency research (Banfi et al.”
- Are consumers willing to pay more for electricity from cooperatives? Results from an online Choice Experiment in Germany (2014, background): “As a Stated Preferences Method, they are subject to hypothetical bias and strategic behavior (see e.g. Hensher 2010; Murphy et al. 2005).”
- Real consequences matter: Why hypothetical biases in the valuation of time persist even in controlled lab experiments (2019, methodology): “Regarding the design of SP experiments, attribute values pivoted around the respondents’ real-life reference situation have been suggested as a way to reduce hypothetical biases, and have been implemented in numerous applications (Hensher, 2010; Li et al., 2018).”
- Value of Travel Time Reliability: A Review of Current Evidence (2010, background): “This quadratic term implies that positive utility (Knight (1974) argued in favor of such existence; see Section 3.”
- Accurately measuring willingness to pay for consumer goods: a meta-analysis of the hypothetical bias (2019, background): “Yet Hensher (2010) criticizes the use of participation fees, noting that they can bias participants’ RWTP. H7: Providing participants (a) a participation fee or (b) an initial balance decreases the hypothetical bias.”