Veronesi, Marcella; Alberini, Anna; Cooper, Joseph C. - 2005
of WTP in the presence of starting point bias; (2) whether or not these biases depend on the distribution of WTP and on … starting point bias is complex and depends on the true distribution of WTP. Bid set dummies tend to soak up misspecifications …We examine starting point bias in CV surveys with dichotomous choice payment questions and follow-ups, and double …