Are Stated Preferences Good Predictors of Market Behavior?
Using an economic experiment in conjunction with a survey, we analyze whether consumers' hypothetical willingness-to-pay responses are effective predictors of actual market behavior. We model revealed preferences as a function of socio-demographic characteristics and instrumental variables that repr...
| Publicado en: | Land Economics Vol. 79; no. 1; pp. 44 - 56 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
February 2003
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |