Chamberlin Meets Ciriacy‐Wantrup: Using Insights from Experimental Economics to Inform Stated Preference Research |
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Authors: | Christian A. Vossler |
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Affiliation: | 1. 865‐974‐1699865‐974‐4601;2. Department of Economics and Howard H. Baker Jr. Center for Public Policy, University of Tennessee, 916 Volunteer Blvd, 523 Stokely Management Ctr, Knoxville, TN |
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Abstract: | Many studies that use stated preference (SP) surveys to estimate the demand for private or public goods can be characterized as experiments, although they are not routinely labeled as such. This paper draws from the broader experimental economics literature to provide insights for SP practitioners and researchers, particularly as it pertains to survey development, mechanism design, external validity, data analysis, and the dissemination of findings. |
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