Can a Repeated Opt-Out Reminder mitigate hypothetical bias in discrete choice experiments? An application to consumer valuation of novel food products

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

In this paper, we test whether a Repeated Opt-Out Reminder (ROOR) can mitigate hypothetical bias in stated discrete choice experiments (DCE). The data originate from a field experiment concerning consumer preferences for a novel food product made from cricket flour. Utilising a between-subject design with three treatments, we find significantly higher marginal willingness-to-pay values in hypothetical than in nonhypothetical settings, confirming the presence of hypothetical bias. Comparing this to a hypothetical setting where the ROOR is introduced, we find that the ROOR effectively mitigates hypothetical bias for one attribute and significantly reduces it for the rest of the attributes.
OriginalsprogEngelsk
TidsskriftEuropean Review of Agricultural Economics
Vol/bind45
Udgave nummer5
Sider (fra-til)749–782
Antal sider34
ISSN0165-1587
DOI
StatusUdgivet - 1 dec. 2018

ID: 196046310