Anomalies and stated preference techniques:A framework for a discussion of coping strategies

Sugden, R. (2005) Anomalies and stated preference techniques:A framework for a discussion of coping strategies. Environmental and Resource Economics, 32 (1). pp. 1-12. ISSN 0924-6460

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Abstract

This paper introduces a symposium on the issue of how stated preference (SP) research can best cope with 'anomalies' (i.e. systematic deviations from the predictions of standard economic theory) in survey responses. It proposes a framework for constructive debate, recognising (i) the legitimate aspirations of SP research, (ii) the relevance of evidence from sources other than best-practice SP, and (iii) the precautionary value of investigating strategies for coping with suspected anomalies, even if questions about the robustness of anomalies have not been finally resolved. Five alternative coping strategies, discussed in more detail in the symposium, are briefly introduced.

Item Type: Article
Uncontrolled Keywords: stated preference,contingent valuation,anomalies
Faculty \ School: Faculty of Social Sciences > School of Economics
Related URLs:
Depositing User: Pure Connector
Date Deposited: 19 Nov 2013 16:15
Last Modified: 21 Apr 2020 22:13
URI: https://ueaeprints.uea.ac.uk/id/eprint/44518
DOI: 10.1007/s10640-005-6025-3

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