Frykblom, P.; Shogren, Jason - In: Environmental & Resource Economics 16 (2000) 3, pp. 329-341
This paper re-examines the openended/dichotomous choice question in the lab. It hasearlier been suggested that the dichotomous choiceformat suffers from anchoring and yea-saying.Comparing actual economic commitments for a privategood with a significant market value, we cannot rejectthe null...