000127665 001__ 127665
000127665 005__ 20180122221908.0
000127665 037__ $$a642-2016-44277
000127665 041__ $$aen_US
000127665 245__ $$aDoes Specification Error Explain the Discrepancy Between Open-Ended and Dichotomous Choice Contigent Valuation Responses? A Comment on "Monte Carlo Benchmarks for Discrete Valuation Methods" by Ju-Chin Huang and V. Kerry Smith
000127665 260__ $$c2001-09
000127665 269__ $$a2001-09
000127665 300__ $$a27
000127665 336__ $$aWorking or Discussion Paper
000127665 490__ $$aWP
000127665 490__ $$a2001-18
000127665 520__ $$aIn this working paper we demonstrate that some of the statistical tests used by Huang and Smith in a
recent Land Economics article (74(2 1998): 186-202) were erroneous, and raise concerns about their
corresponding conclusions. Specifically, using data from one of the studies that they showcase, we
demonstrate that Huang and Smith’s analysis suggesting statistical equality between hypothetical
dichotomous choice responses and actual contributions is incorrect. We further show that their purported
equality between dichotomous choice and open-ended response formats is unfounded. Based on these
analyses we conclude that when real humans make real or stated decisions, the observed procedural
variance across elicitation methods and the degree of hypothetical bias are more fundamental than relying
on alternative econometric specifications.
000127665 542__ $$fLicense granted by Kirsten Olson (olso5834@umn.edu) on 2012-07-16T14:51:31Z (GMT):

<center>  <h2> Deposit Agreement </h2> </center>
I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;).
I represent that the work is original and that I either own all rights of copyright 
or have the right to deposit the copy in a digital archive such as AgEcon Search. 
I represent that in regard to any non-original material included in the Work I have
secured written permission of the copyright owner (s) for this use or believe this 
use is allowed by law. I further represent that I have included all appropriate 
credits and attributions. I hereby grant the Regents of the University of Minnesota
(&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, 
and distribute the Work, in whole or in part, for the purposes of security, preservation,
and perpetual access. I grant the University a limited, non-exclusive right to make
derivative works for the purpose of migrating the Work to other media or formats in
order to preserve access to the Work. I do not transfer or intend to transfer any 
right of copyright or other intellectual property to the University. If the Deposit 
Agreement is executed by the Author�s Representative, the Representative shall separately
execute the following representation: I represent that I am authorized by the Author
to execute this Deposit Agreement on behalf of the Author.

000127665 650__ $$aResearch Methods/ Statistical Methods
000127665 700__ $$aPoe, Gregory L.
000127665 700__ $$aVossler, Christian A.
000127665 8564_ $$s368093$$uhttp://ageconsearch.umn.edu/record/127665/files/Cornell_Dyson_wp0118.pdf
000127665 887__ $$ahttp://purl.umn.edu/127665
000127665 909CO $$ooai:ageconsearch.umn.edu:127665$$pGLOBAL_SET
000127665 912__ $$nSubmitted by Kirsten Olson (olso5834@umn.edu) on 2012-07-16T14:54:27Z
No. of bitstreams: 1
Cornell_Dyson_wp0118.pdf: 368093 bytes, checksum: 3bc9f78fe7c43933f039a3c852020000 (MD5)
000127665 912__ $$nMade available in DSpace on 2012-07-16T14:54:29Z (GMT). No. of bitstreams: 1
Cornell_Dyson_wp0118.pdf: 368093 bytes, checksum: 3bc9f78fe7c43933f039a3c852020000 (MD5)
  Previous issue date: 2001-09
000127665 982__ $$gCornell University>Department of Applied Economics and Management>Working Papers
000127665 980__ $$a642