کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
883666 1471677 2013 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Understanding the consequences of consequentiality: Testing the validity of stated preferences in the field
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Understanding the consequences of consequentiality: Testing the validity of stated preferences in the field
چکیده انگلیسی

This study pursues the external validation of stated preference methods by comparing survey responses from verified voters with the outcome of a parallel public referendum on a conservation and preservation program to be funded by a local property tax surcharge. The majority of respondents were unaware of the upcoming referendum, and the experimental design allows us to control for referenda-related information effects as well as respondents’ perceptions regarding the consequentiality (i.e. the potential policy impact) of their survey votes. We find the survey under-predicts “yes” referendum votes at the precinct-level. These differences go away, however, if we focus only on respondents who perceived their survey vote to be consequential. Negative hypothetical bias among inconsequential survey respondents is also evident in the estimation of willingness to pay, and controlling for consequentiality increases construct validity.


► First comparison of a representative stated preference survey and referendum voting.
► Evidence suggests external validity is linked to beliefs over policy consequences.
► Study helps reconcile results from recent field studies and controlled experiments.
► Controlling for beliefs reduces elicitation bias and increases construct validity.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 86, February 2013, Pages 137–147
نویسندگان
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