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Strategic Behaviour in Choice Experiments

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Dates:22 April 2015
Times:13:00 - 14:00
What is it:Seminar
Organiser:School of Social Sciences
Who is it for:University staff, Adults, Current University students
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  • In category "Seminar"
  • In group "(SoSS) Economics"
  • By School of Social Sciences

Speaker: Professor Susan Chilton, Newcastle University

Title: Strategic Behaviour in Choice Experiments

Abstract:

This paper reports theoretical, simulation, and experimental evidence that choice experiments are unlikely to generate reliable demand estimates when (a) the choices are for a public good; and (b) choices are elicited using the repeated trinary choice mechanism. The result is due to the incentive properties of the choice mechanism in a public goods environment. The effects of the incentives for strategic non-demand revelation are exacerbated by the mathematics of combinatorial choice set design. The problem is endemic to choice experiment mechanisms of this type.

Please note that lunch is available from 12.45pm

More information is available at: http://www.socialsciences.manchester.ac.uk/subjects/economics/our-research/workshop-and-seminars/environmental-and-resource-economics/

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