Truth in Consequentiality: Theory and Field Evidence on Discrete Choice Experiments

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2012
Volume: 4
Issue: 4
Pages: 145-71

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper explores methodological issues surrounding the use of discrete choice experiments to elicit values for public goods. We develop an explicit game theoretic model of individual decisions, providing conditions under which surveys with a single binary choice question, or sequence of binary choice questions, are incentive-compatible. We complement the theory with a framed field experiment, with treatments that span the spectrum from incentive-compatible, financially binding decisions to decisions with no direct financial consequences. The results suggest truthful preference revelation is possible, provided that participants view their decisions as having more than a weak chance of influencing policy. (JEL C83, C93, H41, Q23)

Technical Details

RePEc Handle
repec:aea:aejmic:v:4:y:2012:i:4:p:145-71
Journal Field
General
Author Count
3
Added to Database
2026-01-29