Does Part-Whole Bias Exist? An Experimental Investigation

Bateman, Ian J, et al
Authors registered in the RePEc Author Service: Ian J. Bateman and Alistair Munro

Economic Journal, 1997, vol. 107, issue 441, 322-32

Abstract: The existence of part-whole bias has been hotly disputed in the recent contingent valuation literature. This paper reports on an experiment into part-whole bias. Employing vouchers for parts of a restaurant meal and using an incentive compatible procedure, valuations of the parts and of the whole were elicited. The sum of the valuations of the parts consistently exceeded that of the whole, providing evidence of the existence of part-whole bias in a context where traditional explanations would not have predicted it. Coauthors are Alistair Munro, Bruce Rhodes, Chris Starmer, and Robert Sugden. Copyright 1997 by Royal Economic Society.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (69)

Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819970 ... 0.CO%3B2-S&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecj:econjl:v:107:y:1997:i:441:p:322-32

Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133

Access Statistics for this article

Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen

More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().