Mahieu, Pierre-Alexandre; Riera, Pere; Giergiczny, Marek - In: Journal of Environmental Planning and Management 55 (2012) 6, pp. 753-763
Different instruments have been developed to mitigate the hypothetical bias in contingent valuation surveys. One, labelled ‘cheap talk’, warns participants about the hypothetical bias phenomenon prior to the valuation question. This paper investigates the effects of cheap talk on...