Design of Stated Preference Surveys: Is There More to Learn from Behavioral Economics?

Research output: Contribution to journalArticle

Abstract

We discuss the design of stated preference (SP) surveys in light of findings in behavioral economics such as context dependence of preferences, learning, and differences between revealed and normative preferences. More specifically, we discuss four different areas: (1) revealed and normative preferences, (2) learning and constructed preferences, (3) context dependence, and (4) hypothetical bias. We argue that SP methods would benefit from adapting to some of the findings in behavioral economics, but also that behavioral economics may gain insights from studying SP methods.

Details

Authors
  • F Carlsson
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Earth and Related Environmental Sciences

Keywords

  • Stated preferences, Behavioral economics
Original languageEnglish
Pages (from-to)167-177
JournalEnvironmental and Resource Economics
Volume46
Issue number2
Publication statusPublished - 2010
Publication categoryResearch
Peer-reviewedYes
Externally publishedYes