PROCEDURAL INVARIANCE TESTING OF THE ONE-AND-ONE-HALF-BOUND DICHOTOMOUS CHOICE ELICITATION METHOD

PROCEDURAL INVARIANCE TESTING OF THE ONE-AND-ONE-HALF-BOUND DICHOTOMOUS CHOICE ELICITATION METHOD
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DOI:
10.1162/rest.91.4.806
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发表时间:
2009-11-01
影响因子:
8
通讯作者:
Georgiou, Stavros
Georgiou, Stavros
中科院分区:
经济学1区
文献类型:
--
作者:
Bateman, Ian J.;Day, Brett H.;Georgiou, Stavros

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用于估计公共产品支付意愿的条件估值法通常采用单一的公投问题格式,这在统计上相对低效。作为替代方案,库珀,哈内曼,和Signorello(2002)提出了一个和一个半界限(OOHB)格式,允许研究人员询问受访者关于项目成本的下限和上限,从而确保统计效率的大幅提高。使用实验设计,我们发现,响应OOHB估值问题失败的程序不变性的关键测试。我们测试各种竞争模型的观察到的反应模式,包括战略性的错误陈述的标准偏好和非标准模型的偏好形成。
The contingent valuation method for estimating willingness to pay for public goods typically adopts a single referendum question format, which is relatively statistically inefficient. As an alternative, Cooper, Hanemann, and Signorello (2002) propose the one-and-one-half bound (OOHB) format, allowing researchers to question respondents about both a lower and higher limit on project costs, thereby securing substantial gains in statistical efficiency. Using an experimental design, we find that responses to OOHB valuation questions fail crucial tests of procedural invariance. We test various competing models of observed response patterns including strategic misrepresentation of standard preferences and nonstandard models of preference formation.