Hypothetical bias in stated choice experiments: Part I. Macro-scale analysis of literature and integrative synthesis of empirical evidence from applied economics, experimental psychology and neuroimaging

• Published in: Journal of choice modelling Vol. 41; p. 100309
• Main Authors: Haghani, Milad, Bliemer, Michiel C.J., Rose, John M., Oppewal, Harmen, Lancsar, Emily
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.12.2021
• Subjects: Choice experiments; Economic valuation; Hypothetical bias; Hypothetical choice surveys; Stated preference; Hypothetical choice surveys; Hypothetical bias; Economic valuation; Choice experiments; Stated preference

The notion of hypothetical bias (HB) constitutes, arguably, the most fundamental issue in relation to the use of hypothetical survey methods. Whether or to what extent choices of survey participants and subsequent inferred estimates translate to real-world settings continues to be debated. While HB...