The Difficulties of Preference Elicitation Resulting from Strategic Thinking How Concerned Should We Be?

Author

Chang Xu

Issuing Body

Mississippi State University

Advisor

Interis, Matthew G.

Committee Member

Petrolia, Daniel R.

Committee Member

Coatney, Kalyn T.

Date of Degree

8-17-2013

Document Type

Graduate Thesis - Open Access

Major

Agricultural Economics

Degree Name

Master of Science

College

College of Agriculture and Life Sciences

Department

Department of Agricultural Economics

Abstract

Strategic voting in valuation choice experiments violates the common modeling assumption that everyone votes for his unconditionally most preferred choice. This presents a challenge to accurate estimation of values. We provide an examination of strategic voting in a homegrown value experiment that mimics choice experiments. In this way, we can test whether “prompting” participants to think about the others’ vote affects their vote. We reject this hypothesis. We also solicit participant perceptions about the vote distribution and test whether these perceptions affect their vote. We find that they do, but that the percentage of strategic voters is small.

URI

https://hdl.handle.net/11668/21180

Comments

experiments||homegrown value||incentive compatibility||choice experiments

Recommended Citation

Xu, Chang, "The Difficulties of Preference Elicitation Resulting from Strategic Thinking How Concerned Should We Be?" (2013). Theses and Dissertations. 4319.
https://scholarsjunction.msstate.edu/td/4319