Comparing Willingness-to-Pay Estimates from Experimental Auctions with Mailed Surveys Incorporating Cheap Talk
Froehlich, Eve J.; Carlberg, Jared G.
2007

Files

Abstract

Willingness-to-pay (WTP) results from experimental auctions are compared to those from cheap-talk and conventional surveys for branded beef products in Canada. It is found that while the cheap-talk survey appears to mitigate hypothetical bias compared to the conventional survey, cheap-talk survey WTP remains higher than that in experimental auctions.

Details

Title Comparing Willingness-to-Pay Estimates from Experimental Auctions with Mailed Surveys Incorporating Cheap Talk
Author(s) Froehlich, Eve J.
Carlberg, Jared G.
Subject(s)
Issue Date 2007
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.34945
Record Identifier https://ageconsearch.umn.edu/record/34945
PURL Identifier http://purl.umn.edu/34945
Language English
Total Pages 20
Series Statement Selected Paper
Record Appears in Southern Agricultural Economics Association (SAEA) > 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama

PDF

Statistics

from
to
Export
Download Full History