Effects of Cheap Talk on Consumer Willingness-to-Pay for Golden Rice

By Jayson L. Lusk. 2003

618 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/93d2df7c1526a38fdcd90c605f5a2dbe4034a80c

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Citations in the corpus

Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games (2008, background): “Thirdly, the discrepancy between true and stated values appears to be higher for unfamiliar changes and less knowledgeable respondents (Cummings et al., 1986; List and Gallet, 2001; Paradiso and Antonella, 2001; Lusk, 2003).”
Contingent Valuation, Hypothetical Bias, and Experimental Economics (2004, result): “Based on findings by List (2001), the long script did not reduce hypothetical bias with experienced card dealers, but was effective with inexperienced participants; both Lusk (2003) and Aadland and Caplan (2003) report similar results.”
Consumer Preferences for Animal Welfare Attributes: The Case of Gestation Crates (2009, methodology): “This statement was included as part of a “cheap-talk” strategy at reducing hypothetical bias by informing survey participants of the concept prior to conducting the choice experiment (Lusk, 2003; Cummings and Taylor, 1999).”
Consumers' willingness to pay for traceable pork, milk, and cooking oil in Nanjing, China (2012, background): “Cummings and Taylor (1999), Blamey, Bennett, and Morrison (1999), Lusk (2003) and Tonsor and Shupp (2011) suggested that a “cheap talk” and dissonance minimization could reduce such bias.”
A Comparison of Approaches to Mitigate Hypothetical Bias (2009, background): “Lusk (2003) also used a shorter version with a mail survey and found that cheap talk had no effect on individuals who had experience or knowledge of goods similar to the good valued in his study.”
Using Ex Ante Approaches to Obtain Credible Signals for Value in Contingent Markets: Evidence from the Field (2007, neutral): “10 Our results are similar to those of Lusk (2003), in which responses derived from an elicitation mechanism that utilized cheap talk exhibited more responsiveness to price than those without cheap talk (i.e., hypothetical data).”
Consumer willingness to pay for locally grown products: the case of South Carolina (2009, background): “The most commonly assumed distribution functions for F are the lognormal and normal distributions (e.g., Cameron, 1988; Lusk, 2003).”