Construct · 1 fields · 1 citations

hypothetical bias: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
hypotheticalbias1 CONSTRUCTHypothetical biasMURPHY · ENVIRONMENTAL

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Environmental economics

the tendency of people to state higher willingness to pay in hypothetical valuation surveys than they actually pay when real money is involved.

In environmental economics, hypothetical bias refers to the tendency of people to state higher willingness to pay in hypothetical valuation surveys than they actually pay when real money is involved. This meaning comes from Murphy (2005) in Environmental & Resource Economics.[1]

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructsnon-hypothetical choice experiment1 fields · 1 citationsanchor · a standalone constructresource4 fields · 6 citationsjingle · one word, four constructs

References

  1. Murphy, J. J., Allen, P. G., Stevens, T. H., & Weatherhead, D. (2005). A Meta-analysis of Hypothetical Bias in Stated Preference Valuation. Environmental & Resource Economics, 30(3), 313-325. https://doi.org/10.1007/s10640-004-3332-z

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