Starting Point Bias in Contingent Valuation Bidding Games
开发了一种检验条件估值研究中迭代竞价格式起始点偏差的方法,并应用于三项条件估值研究和一项模拟市场研究的数据,发现条件估值研究中存在起始点偏差,而模拟市场中则没有,表明起始点偏差可能是假设市场的产物。
A test for starting point bias in the iterative bidding format of contingent valuation studies is developed in this paper.The test is applied to the data from three contingent valuation studies and to the data from a simulated market study.Starting point bias was found to be a problem in all three contingent valuation studies.A starting point problem did not exist in the simulated market suggesting that starting point bias may be an artifact of hypothetical markets.The validity of using bidding games with fixed starting bids is evaluated.