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文章基本信息

  • 标题:Value Elicitation using BDM and a Discrete Choice Mechanism
  • 本地全文:下载
  • 作者:Jutta Roosen ; Stephan Marette ; Sandrine Blanchemanche
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2010
  • 卷号:30
  • 期号:2
  • 页码:1554-1563
  • 出版社:Economics Bulletin
  • 摘要:We compare the Becker-DeGroot-Marschak (BDM) mechanism to a discrete choice mechanism for revealing willingness to pay (WTP) in a lab experiment. Differences in WTP disappear when considering only engaged bidders with non-zero bids. Only WTP elicited with BDM are sensitive to the variation of quantity offered to participants
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