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Starting Point Bias in Contingent Valuation Bidding Games

Kevin Boyle, Richard C. Bishop and Michael P. Welsh

Land Economics, 1985, vol. 62, issue 2, 188-194

Abstract: In a recent study, Whitehead (2002) proposes incentive-incompatibility and starting-point-bias tests for iterative willingness-to-pay questions. We show that if restrictions associated with the nature of starting-point bias are not imposed on the ...

Date: 1985
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