Incentive and informational properties of preference questions
Abstract
Surveys are frequently used by businesses and governments to elicit information about the public’s preferences. They have become the most common way to gather preference information regarding goods, that are not (or are not yet) bought or sold in markets. In this paper we apply the standard neoclassical economic framework to generate predictions about how rational agents would answer such survey questions, which in turn implies how such survey...
Paper Details
Title
Incentive and informational properties of preference questions
Published Date
May 16, 2007
Volume
37
Issue
1
Pages
181 - 210
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