Sökning: L773:0304 3878 OR L773:1872 6089 >
Testing willingness...
Testing willingness to pay elicitation mechanisms in the field : Evidence from Uganda
-
- Burchardi, Konrad B. (författare)
- Stockholms universitet,Institutet för internationell ekonomi,Bureau for Research and Economic Analysis of Development (BREAD), UK; Centre for Economic Policy Research (CEPR), UK; Center for Economic Studies (CESifo), Germany; Theoretical Research in Development Economics (ThReD), USA,Stockholm University (SE)
-
- de Quidt, Jonathan (författare)
- Stockholms universitet,Institutet för internationell ekonomi,Centre for Competitive Advantage in the Global Economy (CAGE), UK; Centre for Economic Policy Research (CEPR), UK; Center for Economic Studies (CESifo), Germany; Theoretical Research in Development Economics (ThReD), USA,Stockholm University (SE)
-
- Gulesci, Selim (författare)
- Bocconi University (IT)
-
visa fler...
-
- Lerva, Benedetta (författare)
- Stockholm School of Economics,Handelshögskolan i Stockholm
-
- Tripodi, Stefano (författare)
- Copenhagen Business School (DK)
-
visa färre...
-
(creator_code:org_t)
- Elsevier BV, 2021
- 2021
- Engelska.
-
Ingår i: Journal of Development Economics. - : Elsevier BV. - 0304-3878 .- 1872-6089. ; 152
- Relaterad länk:
-
https://doi.org/10.1...
-
visa fler...
-
https://doi.org/10.1...
-
https://research.hhs... (primary) (Object in context)
-
https://urn.kb.se/re...
-
https://doi.org/10.1...
-
https://research.hhs...
-
visa färre...
Abstract
Ämnesord
Stäng
- Researchers frequently use variants of the Becker–DeGroot–Marschak (BDM) mechanism to elicit willingness to pay (WTP). These variants involve numerous incentive-irrelevant design choices, some of which carry advantages for implementation but may deteriorate participant comprehension or trust in the mechanism, which are well-known problems with the BDM. We highlight three such features and test them in the field in rural Uganda, a relevant population for many recent applications. Comprehension is very high, and 86 percent of participants bid optimally for an induced-value voucher, with little variation across treatments. This gives confidence for similar applications, and suggests the comprehension-expediency trade-off is mild.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Willingness to pay
- Becker-DeGroot-Marschak
- Field experiment
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
Hitta via bibliotek
Till lärosätets databas