This paper follows the review of empirical evidence on the existence of hypothetical bias
(HB) in choice experiments (CEs) presented in Part I of this study. It observes how the …

Discrete choice experiments (DCEs) are economic tools that elicit the stated preferences of
respondents. Because of their increasing importance in informing the design of health …

While the basic principles of cost-benefit analysis (CBA) are long-standing, the challenges
entailed in applying these principles are constantly evolving. This paper reviews recent …

Cheap Talk (CT) is a common technique employed in stated preference methods of
nonmarket valuation to reduce Hypothetical Bias (HB). However, multiple studies have …

This paper details research to design an estimation process for Deprivation Cost Functions
(DCF) using Contingent Valuation, and to apply it econometrically to obtain a DCF for …

Environmental economic valuation allows to derive values from individuals' behaviour in
hypothetical markets, but it is not exempt from certain biases. This work aims to evidence the …

Geographical Indications (GIs) can increase producer margins and contribute to local
economic development, but the extent to which they do so depends on the nature of …

The study examines the impact of gain and loss message framing and issue involvement
elicitation on consumer willingness to pay (WTP) for two food safety enhancing …

Installed wind energy capacity has been increasing steadily across the world and is
expected to continue to do so in the future, in response to lowering costs of technology as …

Hypothetical bias continues to be a major challenge for stated preference methods. Cheap
Talk (CT) has been found to be an effective remedy in some applications, though empirical …