Hypothetical bias in stated choice experiments: Part II. Conceptualisation of external validity, sources and explanations of bias and effectiveness of mitigation methods

M Haghani, MCJ Bliemer, JM Rose, H Oppewal… - Journal of choice …, 2021 - Elsevier
This paper follows the review of empirical evidence on the existence of hypothetical bias
(HB) in choice experiments (CEs) presented in Part I of this study. It observes how the …

How well do discrete choice experiments predict health choices? A systematic review and meta-analysis of external validity

M Quaife, F Terris-Prestholt, GL Di Tanna… - The European journal of …, 2018 - Springer
Discrete choice experiments (DCEs) are economic tools that elicit the stated preferences of
respondents. Because of their increasing importance in informing the design of health …

Understanding hypothetical bias: An enhanced meta‐analysis

JM Penn, W Hu - American Journal of Agricultural Economics, 2018 - Wiley Online Library
The presence of hypothetical bias (HB) associated with stated preference methods has
garnered frequent attention in the broad literature trying to describe and understand human …

Experimental methods: Eliciting beliefs

G Charness, U Gneezy, V Rasocha - Journal of Economic Behavior & …, 2021 - Elsevier
Expectations are a critical factor in determining actions in a great variety of economic
interactions. Hence, being able to measure beliefs is important in many economic …

Cheap talk efficacy under potential and actual Hypothetical Bias: A meta-analysis

J Penn, W Hu - Journal of Environmental Economics and Management, 2019 - Elsevier
Cheap Talk (CT) is a common technique employed in stated preference methods of
nonmarket valuation to reduce Hypothetical Bias (HB). However, multiple studies have …

Augmenting short cheap talk scripts with a repeated opt-out reminder in choice experiment surveys

J Ladenburg, SB Olsen - Resource and Energy Economics, 2014 - Elsevier
Hypothetical bias continues to be a major challenge for stated preference methods. Cheap
Talk (CT) has been found to be an effective remedy in some applications, though empirical …

Creating truth-telling incentives with the Bayesian truth serum

R Weaver, D Prelec - Journal of Marketing Research, 2013 - journals.sagepub.com
The Bayesian truth serum (BTS) is a survey scoring method that creates truth-telling
incentives for respondents answering multiple-choice questions about intrinsically private …

Can a Repeated Opt-Out Reminder mitigate hypothetical bias in discrete choice experiments? An application to consumer valuation of novel food products

MH Alemu, SB Olsen - European Review of Agricultural …, 2018 - academic.oup.com
In this paper, we test whether a Repeated Opt-Out Reminder (ROOR) can mitigate
hypothetical bias in stated discrete choice experiments (DCE). The data originate from a …

Unraveling hypothetical bias in discrete choice experiments

L Menapace, R Raffaelli - Journal of Economic Behavior & Organization, 2020 - Elsevier
Our study contributes to the literature on hypothetical bias in discrete choice experiments in
two main respects. First, using stated and revealed preference data collected from a sample …

Re-examining empirical evidence on stated preferences: importance of incentive compatibility

E Zawojska, M Czajkowski - Journal of Environmental Economics …, 2017 - Taylor & Francis
The stated preference (SP) methods use respondents' stated choices made in hypothetical
situations to infer their preferences for environmental and other public goods. These …