Homegrown values and hypothetical surveys: is the dichotomous choice approach incentive-compatible?
Article Abstract:
Dichotomous choice (DC) methods has been commonly applied to the contingent-valuation method. It is primarily based on the assumption that it produces incentive-compatible results. Three laboratory experiments have been designed to test the hypothesis that the hypothetical DC method will yield the same responses as the real DC method. A set of hypothetical and real DC questionnaires were prepared.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
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Real exchange rate fluctuations and the dynamics of retail trade industries on the U.S. - Canada border
Article Abstract:
Real exchange rate fluctuations and the dynamics of retail trade industries on the U.S. - Canada border Difference in purchasing power and cross border purchases of goods and services along the border on the United States and Canada are studied. The effects of exchange rate and retail market in such situations are analyzed.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
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