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041 _afre
042 _adc
100 1 0 _aRobin, Stéphane
_eauthor
700 1 0 _a Rozan, Anne
_eauthor
700 1 0 _a Ruffieux, Bernard
_eauthor
245 0 0 _aMeasuring Consumer Preferences to Guide Public Decision Making: The Contribution of the Experimental Method
260 _c2008.
500 _a96
520 _aTo assess how a public decision can affect citizens'interests, we need to estimate individual preferences. Economists usually assess individual preference through a market decision. Most often, however, public decisions have an impact on non-market goods. Without a market to refer to, evaluating a public decision's effect on individual welfare poses a methodological challenge. Despite major improvements, preference studies based on hypothetical questions for example, using a survey or contingent valuation are biased. The experimental methodology is a promising alternative for directly obtaining an individual valuation of a public decision. Indeed, the use of the experimental method in preference studies is growing, and our paper discusses this approach. In particular, we answer the following questions: Why is it worth using the experimental method to evaluate individual preference? And how should we conduct this kind of experiment?
690 _aindividual-preference study
690 _apublic decision
690 _aexperimental economics
786 0 _nEconomie & prévision | o 182 | 1 | 2008-08-05 | p. 113-127 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2008-1-page-113?lang=en&redirect-ssocas=7080
999 _c468409
_d468409