Testing willingness to pay elicitation mechanisms in the field: Evidence from Uganda

A-Tier
Journal: Journal of Development Economics
Year: 2021
Volume: 152
Issue: C

Authors (5)

Burchardi, Konrad B. (not in RePEc) de Quidt, Jonathan (not in RePEc) Gulesci, Selim (Trinity College Dublin) Lerva, Benedetta (not in RePEc) Tripodi, Stefano (not in RePEc)

Score contribution per author:

0.804 = (α=2.01 / 5 authors) × 2.0x A-tier

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

Abstract

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.

Technical Details

RePEc Handle
repec:eee:deveco:v:152:y:2021:i:c:s0304387821000778
Journal Field
Development
Author Count
5
Added to Database
2026-01-25