Do explicit warnings eliminate the hypothetical bias in elicitation procedures? Evidence from field auctions for sportscards

By John A. List. 2001

510 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing

View Paper: https://www.semanticscholar.org/paper/f46b5a5849a8fab5d67fe24f4ce4afcef4c6234a

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Citations in the corpus

Field Experiments in Economics: the Past, the Present, and the Future (2008, unknown): “early example of this approach applied to baseball cards is List and Shogren (1998). In some treatments the auctions were hypothetical, in other cases the cards were actually purchased in the auction.”
The effect of varying the causes of environmental problems on stated WTP values : Evidence from a field study (2005, methodology): “Whether these results suggest that value statements in cheap talk and consequentialism treatments map into actual preferences is open for debate; yet, combined with findings from previous studies, these results support the notion that both the cheap talk and consequential treatments can provide plau”
Cheap Talk Reconsidered: New Evidence From CVM (2006, background): “Recently, Cummings and Taylor (1999) and List (2001) have advocated the use of “cheap talk” to mitigate ex ante the effects of hypothetical bias in CVM.”
Testing the Effectiveness of Certainty Scales, Cheap Talk, and Dissonance-Minimization in Reducing Hypothetical Bias in Contingent Valuation Studies (2009, methodology): “2 Both meta-analyses include some ratios from studies that used methods to reduce hypothetical bias, such as certainty scales or cheap talk.”
Altruism, Warm Glow and the Willingness-to-Donate for Green Electricity: An Artefactual Field Experiment (2005, methodology): “Quite recently, some authors demonstrated that ‘‘cheap talk’’ can eliminate hypothetical bias if the bias is made an integral part of the experiment (compare Cummings and Taylor 1999; List 2001).”
Contingent Valuation, Hypothetical Bias, and Experimental Economics (2004, methodology): “…number of valuation experiments are conducted in the field with non-students [e.g., Champ et al. (1997) surveyed Wisconsin residents about their willingness to pay for road removal in the Grand Canyon; and List (2001) conducted his experiments using people who attended a sportscard show].”
Augmenting short Cheap Talk scripts with a repeated Opt-Out Reminder in Choice Experiment surveys (2014, background): “In their beef steak experiment, Lusk and Schroeder (2004) find that hypothetical bias makes respondents report upwards biased probabilities of buying the good whereas marginal WTPs are not significantly affected.”
2013WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys (2014, methodology): “The List and Gallet (2001, hereafter LG) meta-analysis utilized twenty-nine cash validity studies, split roughly equally between lab and field experiments, providing a total of 174 observations. They suggested that their analysis provides important insights into typical CVM studies, such as various ”
Should Reference Alternatives in Pivot Design SC Surveys be Treated Differently? (2009, background): “Such arguments against the use of SC data have not abated over time (e.g. Camerer and Hogarth, 1999; Diamond and Hausman, 1994; List, 2001).”
What Experimental Protocol Influence Disparities Between Actual and Hypothetical Stated Values? (2001, background): “We also do not include recent “cheap talk” studies (e.g., List 2001).”
A Meta-analysis of Hypothetical Bias in Stated Preference Valuation (2005, unknown): “Studies that employ ex ante, or instrument calibration, techniques, such as budget reminders (Loomis et al. 1996) or cheap talk scripts (Cummings and Taylor 1999; List 2001), attempt to get unbiased responses from participants.”
Young, selfish, and male: Field evidence of social preferences (2004, background): “…the dominant strategy Nash equilibrium.4 To provide a strict test of the lab results from this simple linear public goods framework, I follow List (2001) and recruit subjects from a well-functioning marketplace – a sportscard show – and examine whether these lab results spill over to…”
Are experienced people affected by a pre-set default option—Results from a field experiment (2009, background): “A related finding is that cheap talk does not reduce hypothetical bias when bidders are experienced [12].”