Consequentiality: A Theoretical and Experimental Exploration of a Single Binary Choice

By Richard T. Carson, Theodore Groves, John A. List. Journal of the Association of Environmental and Resource Economists, 2014

228 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/3f5d797b9bcff93bf0c9a810447771e0bb161b4b

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Citations in the corpus

Prospective tourist preferences for sustainable tourism development in Small Island Developing States (2021, methodology): “4 Although donations are regarded to have lower incentive compatibility than other payment vehicles (Carson et al., 2014; Carson & Groves, 2007), voluntary donations have been widely employed in CEs literature, particularly in measuring WTP for remote ecosystem goods and services (e.”
Hypothetical bias in stated choice experiments: Part II. Macro-scale analysis of literature and effectiveness of bias mitigation methods (2021, background): “The incentive to truthfully reveal preferences in a CE, also known as incentive compatibility (Buckell et al., 2020; Carson and Groves, 2007; Carson et al., 2014; Cummings et al., 1997; Zawojska and Czajkowski, 2017) or incentive alignment (Ding et al., 2005; Dong et al., 2010), is linked to…”
Social Norms, Morals and Self-interest as Determinants of Pro-environment Behaviours: The Case of Household Recycling (2014, background): “…of the biases identified in the stated preference studies are a result of the lack of incentive compatibility of the survey (Carson and Groves 2007; Carson et al. 2014), and in particular—the lack of perceived consequentiality of the survey, the importance of which has been demonstrated by both…”
Contemporary Guidance for Stated Preference Studies (2017, methodology): “Consequentiality is one component of incentive-compatible value elicitation, and as such is a necessary but not sufficient condition (Herriges et al. 2010; Vossler et al. 2012; Carson et al. 2014).”
Understanding Hypothetical Bias: An Enhanced Meta‐Analysis (2018, background): “An important distinction of consequentiality is its theoretical justification for affecting HB (Carson et al. 2014), which cannot be said of other common techniques such as cheap talk and certainty follow-ups.”