Testing Bid Design Effects in Multiple-Bounded, Contingent-Valuation Questions
研究了多边界条件估值问题中出价设计对福利估计的影响，发现出价范围会系统性地影响福利估计和个体对每个出价的反应，但受访者不会将回答集中在出价列表的中间。
<i>Multiple-bounded, contingent-valuation questions have been proposed as an alternative to single-bounded and double-bounded questions. While the effects of bid design on multiple-bounded responses have not been explored, findings of experimental effects in single- and double-bounded questions make this a logical area of inquiry. We explore two potential experimental effects in multiple-bounded questions. Respondents may simply express welfare estimates in the center of the bid list. Also, the range of bids may systematically influence welfare estimates. We find while respondents do not center their responses, the range of bids influences welfare estimates and responses to individual bids.</i> (Q26)