Value elicitation in retail and laboratory environments

被引:43
作者
Lusk, JL [1 ]
Fox, JA [1 ]
机构
[1] Mississippi State Univ, Dept Agr Econ, Mississippi State, MS 39762 USA
关键词
experimental economics; field experiment; lab experiment; willingness-to-pay; valuation;
D O I
10.1016/S0165-1765(02)00284-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
An increasing number of studies have begun conducting economic experiments in field, rather than laboratory settings. We directly compare results from laboratory and field valuation experiments. After controlling for unengaged bidders, results indicate field valuations were greater than laboratory valuations. Results are discussed in the context of recent literature on commitment costs. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:27 / 34
页数:8
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