Two recent studies have shown that “cheap talk” is an effective means of eliminating positive hypothetical bias in experimental and field-auction settings. We further investigate the ability of cheap talk to mitigate positive hypothetical bias in a CVM phone survey administered to over 4,000...

This paper makes two contributions to the carbon-sequestration policy literature. First and foremost, we develop a theoretical framework in which sequestration and permit-trading markets are analyzed jointly in the context of a competitive fringe model. Our framework formalizes the linkage...

Using data from an online survey of grocery store customers in Logan, Utah, we estimate willingness to pay (WTP) for continued use of plastic grocery bags, and willingness to accept (WTA) for switching to reusable grocery bags. We find evidence to suggest that, on average, individuals have a...

In this paper, we address the often contentious debate over state and local recycling policy by carefully estimating the social net benefit of curbside recycling. Benefits are estimated using household survey data from over 4,000 households across 40 western U.S. cities. We calibrate household...

This paper provides an example of how to estimate the marginal environmental cost of hypocrisy using revealed-behavior and self-identification survey responses from coffee drinkers regarding their use of cardboard and plastic (i.e., non-reusable) cups. Coffee shops provide a convenient microcosm...

We present a theoretical framework for understanding the relationship between anchoring bias, hypothetical bias, and cheap talk in constructed markets. In our theory, interviewers provide agents with signals such as cheap talk and bid values while eliciting the value for nonmarket goods. In...

In this paper, we estimate the social net benefits of curbside recycling. Benefits are estimated using survey data on household willingness to pay (WTP) from over 4,000 households across 40 western U.S. cities. We calibrate WTP for hypothetical bias using an experimental design that contrasts...