Design of stated preference surveys: Is there more to learn from behavioral economics?
Fredrik Carlsson
No 418, Working Papers in Economics from University of Gothenburg, Department of Economics
Abstract:
We discuss the design of stated preference (SP) surveys in light of findings in behavioral economics such as context dependence of preferences, learning, and differences between revealed and normative preferences. More specifically, we discuss four different areas: (i) revealed and normative preferences, (ii) learning and constructed preferences, (iii) context dependence, and (iv) hypothetical bias. We argue that SP methods would benefit from adapting to some of the findings in behavioral economics, but also that behavioral economics may gain insights from studying SP methods.
Keywords: stated preferences; behavioral economics (search for similar items in EconPapers)
JEL-codes: C91 D03 H40 Q51 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2009-12-09
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp, nep-hpe, nep-ltv and nep-upt
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Citations: View citations in EconPapers (3)
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http://hdl.handle.net/2077/21526 (text/html)
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Journal Article: Design of Stated Preference Surveys: Is There More to Learn from Behavioral Economics? (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:gunwpe:0418
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