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Asking Willingness-to-Accept Questions in Stated Preference Surveys: A Review and Research Agenda

2017· review· en· W2587159251 on OpenAlexaff
Dale Whittington, Wiktor Adamowicz, Patrick Lloyd‐Smith

Bibliographic record

VenueAnnual Review of Resource Economics · 2017
Typereview
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic and Environmental Valuation
Canadian institutionsUniversity of Alberta
Fundersnot available
KeywordsWillingness to acceptRespondentContingent valuationWarrantWillingness to payPublic economicsEconomicsIncentiveConfusionPublic goodStatus quo biasValuation (finance)Incentive compatibilityActuarial scienceStatus quoPositive economicsPsychologyMicroeconomicsPolitical science

Abstract

fetched live from OpenAlex

Stated preference (SP) researchers have encountered an increasing number of policy problems for which a willingness-to-accept (WTA) compensation question would seem to be the most reasonable approach to structure the respondent's valuation choice task. However, most SP researchers are still reluctant to pose WTA questions to respondents due to concerns about reliability of responses and confusion about what contexts warrant a WTA question compared to a willingness-to-pay question. This review synthesizes the current literature, provides guidance on when and how to use WTA elicitation formats, and identifies research needs. We present a typology of valuation tasks that illustrates the situations in which WTA questions are appropriate and should be used to estimate welfare-theoretic measures of economic benefits—and when they should be avoided. We also discuss three different design issues that SP researchers need to consider when they use WTA questions: (a) elicitation of reference and status quo conditions, (b) incentive compatibility and private versus public goods, and (c) nonconforming responses. We conclude that good survey design makes it possible to ask respondents sensible WTA questions in many cases, yet several key research issues require attention.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.041
metaresearch head score (Gemma)0.077
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Review · Consensus signal: Review
Teacher disagreement score0.041
Threshold uncertainty score0.219

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0410.077
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0050.003
Bibliometrics0.0060.013
Science and technology studies0.0010.002
Scholarly communication0.0040.005
Open science0.0030.002
Research integrity0.0030.004
Insufficient payload (model declined to judge)0.0050.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.467
GPT teacher head0.409
Teacher spread0.058 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreReview

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations44
Published2017
Admission routes1
Has abstractyes

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