Incentive and informational properties of preference questions

By Richard T. Carson, Theodore Groves. 2007

1,478 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/f8923c70550c16c3078e9ef960acdfe73e33f3d8

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Citations in the corpus

Contemporary Guidance for Stated Preference Studies (2017, background): “These conditions include a choice perceived to be consequential and a binding payment mechanism (Carson and Groves 2007).”
An Inferred Valuation Method (2009, background): “Although consequentiality does not factor into our model of hypothetical bias, the Carson and Groves (2007) model suggests that consequentiality coupled with a dichotomous choice referendum (which we used) would result in no hypothetical bias.”
What are the consequences of consequentiality (2009, background): “Recall that the theoretical work of Carson and Groves [2] supports the notion of a knife-edge result when strong consequentiality is considered.”
Understanding the consequences of consequentiality: Testing the validity of stated preferences in the field (2012, neutral): “In their seminal paper, Carson and Groves (2007) correctly argue that incentive compatibility, i.e. the incentive to truthfully reveal preferences, in a SP survey depends on whether a respondent views her response as “consequential”.”
Using contingent valuation to explore willingness to pay for renewable energy: A comparison of collective and voluntary payment vehicles (2002, background): “In the case of voluntary contributions to the provision of public goods, however, Carson (1997) and Carson et al. (1999) identify an important possible cause of strategic behavior.”
Measuring Consumers' Willingness to Pay at the Point of Purchase (2002, neutral): “…researchers have long argued that choice tasks must be designed realistically, approximating as closely as possible the actual purchase context (Carson et al. 1994), because consumers often construct their preferences in response to the choice context rather than retrieve a previously formed…”
Contrasting conventional with multi-level modelling approaches to meta-analysis: expectation consistency in UK woodland recreation values. (2003, background): “…modified in the light of empirical regularities, repeatedly observed in the 11 While the DC method is incentive compatible, whether or not it is in practice also demand revealing (i.e. produces unbiased estimates of true WTP) is an ongoing source of debate (Green et al., 1998; Carson et al., 1999).”
2013WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys (2014, methodology): “Following Carson and Groves’ (2007) guidance, casting the choice in a binary voter referendum format, with a compulsory payment vehicle (e.”
Conducting Discrete Choice Experiments to Inform Healthcare Decision Making (2012, background): “tions must be incentive compatible so as to enChoices in health-related DCEs may be complex courage respondents to reveal true preferences.[47] and/or unfamiliar.”
Reducing gain-loss asymmetry: A virtual reality choice experiment valuing land use change (2009, background): “Indeed, the existence of prior preferences is not required by economic theory (Carson and Groves, 2007).”
Understanding Hypothetical Bias: An Enhanced Meta‐Analysis (2018, background): “An initial concern that is still under study is the incentive compatibility of the elicitation format (see Carson and Groves 2007 and Carson et al. 2014 for excellent reviews).”