Are choice experiments incentive compatible? A test with quality differentiated beef steaks

• Published in: American journal of agricultural economics Vol. 86; no. 2; pp. 467 - 482
• Main Authors: Lusk, J.L, Schroeder, T.C
• Format: Journal Article
• Language: English
• Published: 01.05.2004

This study compares hypothetical and nonhypothetical responses to choice experiment questions. We test for hypothetical bias in a choice experiment involving beef ribeye steaks with differing quality attributes. In general, hypothetical responses predicted higher probabilities of purchasing beef ste...