How does one control for incentive incompatibility and starting point bias in double-bounded dichotomous CVM study?

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Rajesh Kumar Rai

check this http://hal-sde.archives-ouvertes.fr/docs/00/17/59/17/PDF/Flachaire_Hollard_05.pdf

Bo Jellesmark Thorsen

Dear Nguyen

I think the authoritative paper on how to ensure/think about incentive compatibility in design is the following paper: Carson, R.T., and T. Groves, 2007. Incentive and informational properties of preference questions. Environmental and Resource Economics 37, 181-210.

Starting point bias: Well, eliminating it is hard, but take care to have you design include a range of starting points enabling you to at least estimate the effect. If you want to avoid starting point bias, you can use an open-ended format, which of course has no starting point - but is also an entirely different elicitation mechanism.

Enjoy / Bo