Jacquemet, Nicolas; Joule, Robert-Vincent; Luchini, … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2009
Eliciting sincere preferences for non-market goods remains a challenge due to hypothetical bias - the so-called gap between hypothetical monetary values and real economic commitments. The gap arises because people either overstate hypothetical values or understate real commitments or a...