Cerroni, Simone; Watson, Verity; Macdiarmid, Jennie I. - In: Bio-based and applied economics 8 (2019) 2, pp. 101-132
that differ in the elicitation technique: secondprice Vickrey auction and discrete choice experiment. For each technique … likely in the second-price Vickrey auction. Subjects who behave irrationally have higher home-grown values than rational … subjects in the second-price Vickrey auction. The impact of deviations from rationality is weaker in the discrete choice …