Assessing the Reliability of Experimental Valuation Techniques

Abstract

This study tests the relative ability of common incentive compatible value elicitation techniques to reliably measure preferences from respondents. We also compare recipients’ stated valuations to the cost of each program and to the valuations of a population working in the development industry. We find that common incentive compatible techniques do not perform meaningfully better than simply posing a hypothetical question.

  • Country
    Kenya
  • Behavior
    Willingness to Pay
  • Sector
    Work and Productivity
  • Authors
    Jeremy Shapiro, Chaning Jang
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