메뉴 건너뛰기




Volumn 35, Issue 5, 2006, Pages 836-853

With a little help from an anchor. Discussion and evidence of anchoring effects in contingent valuation

Author keywords

Anchoring; Contingent valuation; Health economics; Value of time

Indexed keywords


EID: 33747819164     PISSN: 10535357     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.socec.2005.11.045     Document Type: Article
Times cited : (73)

References (65)
  • 1
    • 0001111897 scopus 로고
    • Intuitive theories of events and the effects of base-rate information on prediction
    • Ajzen I. Intuitive theories of events and the effects of base-rate information on prediction. Journal of Personality and Social Psychology 35 5 (1977) 303-314
    • (1977) Journal of Personality and Social Psychology , vol.35 , Issue.5 , pp. 303-314
    • Ajzen, I.1
  • 4
    • 0035054787 scopus 로고    scopus 로고
    • Hypothetical versus real willingness to pay in the health care sector: results from a field experiment
    • Blumenschein K., Johannesson M., Yokoyama K.K., and Freeman P.R. Hypothetical versus real willingness to pay in the health care sector: results from a field experiment. Journal of Health Economics 20 (2001) 441-457
    • (2001) Journal of Health Economics , vol.20 , pp. 441-457
    • Blumenschein, K.1    Johannesson, M.2    Yokoyama, K.K.3    Freeman, P.R.4
  • 5
    • 0029472588 scopus 로고
    • Property rights and natural resource damage assessments
    • Bromley D.W. Property rights and natural resource damage assessments. Ecological Economics 14 (1995) 129-135
    • (1995) Ecological Economics , vol.14 , pp. 129-135
    • Bromley, D.W.1
  • 7
    • 4043166946 scopus 로고    scopus 로고
    • The burden of care giving: evidence on objective burden, subjective burden and quality of life impacts in informal caregivers for patients with Rheumatoid Arthritis
    • Brouwer W.B.F., van Exel N.J.A., van den Berg B., Dinant H.J., Koopmanschap M.A., and van den Bos G.A.M. The burden of care giving: evidence on objective burden, subjective burden and quality of life impacts in informal caregivers for patients with Rheumatoid Arthritis. Arthritis and Rheumatism 51 4 (2004) 570-577
    • (2004) Arthritis and Rheumatism , vol.51 , Issue.4 , pp. 570-577
    • Brouwer, W.B.F.1    van Exel, N.J.A.2    van den Berg, B.3    Dinant, H.J.4    Koopmanschap, M.A.5    van den Bos, G.A.M.6
  • 8
    • 0033104157 scopus 로고    scopus 로고
    • Why the WTA-WTP disparity matters
    • Brown T.C., and Gregory R. Why the WTA-WTP disparity matters. Ecological Economics 28 (1999) 323-335
    • (1999) Ecological Economics , vol.28 , pp. 323-335
    • Brown, T.C.1    Gregory, R.2
  • 10
    • 0034077515 scopus 로고    scopus 로고
    • Incorporating psycho-social considerations into health valuation: an experimental study
    • Cookson R. Incorporating psycho-social considerations into health valuation: an experimental study. Journal of Health Economics 19 (2000) 369-401
    • (2000) Journal of Health Economics , vol.19 , pp. 369-401
    • Cookson, R.1
  • 11
    • 0033130255 scopus 로고    scopus 로고
    • A message from psychologists to economists: mere predictability does not matter like it should (without a good story to append to it)
    • Dawes R.M. A message from psychologists to economists: mere predictability does not matter like it should (without a good story to append to it). Journal of Economic Behavior and Organization 39 (1999) 29-40
    • (1999) Journal of Economic Behavior and Organization , vol.39 , pp. 29-40
    • Dawes, R.M.1
  • 12
    • 0002768272 scopus 로고
    • Contingent valuation: is some number better than no number?
    • Diamond P.A., and Hausman J.A. Contingent valuation: is some number better than no number?. Journal of Economic perspectives 8 4 (1994) 45-64
    • (1994) Journal of Economic perspectives , vol.8 , Issue.4 , pp. 45-64
    • Diamond, P.A.1    Hausman, J.A.2
  • 13
    • 0031855391 scopus 로고    scopus 로고
    • Health care contingent valuation studies: a review and classification of the literature
    • Diener A., O'Brien B., and Gafni A. Health care contingent valuation studies: a review and classification of the literature. Health Economics 7 4 (1998) 313-326
    • (1998) Health Economics , vol.7 , Issue.4 , pp. 313-326
    • Diener, A.1    O'Brien, B.2    Gafni, A.3
  • 14
    • 0030905163 scopus 로고    scopus 로고
    • Using willingness to pay to value close substitutes: carrier screening for cystic fibrosis revisited
    • Donaldson C., Shackley P., and Abdalla M. Using willingness to pay to value close substitutes: carrier screening for cystic fibrosis revisited. Health Economics 6 (1997) 145-159
    • (1997) Health Economics , vol.6 , pp. 145-159
    • Donaldson, C.1    Shackley, P.2    Abdalla, M.3
  • 17
    • 0000366418 scopus 로고
    • Value elicitation: is there anything in there?
    • Fischhoff B. Value elicitation: is there anything in there?. American Psychologist 46 8 (1991) 835-847
    • (1991) American Psychologist , vol.46 , Issue.8 , pp. 835-847
    • Fischhoff, B.1
  • 18
    • 0037348260 scopus 로고    scopus 로고
    • Eliciting willingness to pay: comparing closed-ended with open-ended and payment scale formats
    • Frew E.J., Whynes D.K., and Wolstenholme J.L. Eliciting willingness to pay: comparing closed-ended with open-ended and payment scale formats. Medical Decision Making 23 (2003) 150-159
    • (2003) Medical Decision Making , vol.23 , pp. 150-159
    • Frew, E.J.1    Whynes, D.K.2    Wolstenholme, J.L.3
  • 19
    • 2042446428 scopus 로고    scopus 로고
    • Comparing willingness-to-pay: bidding game format versus open-ended and payment scale formats
    • Frew E.J., Wolstenholme J.L., and Whynes D.K. Comparing willingness-to-pay: bidding game format versus open-ended and payment scale formats. Health Policy 68 3 (2004) 289-298
    • (2004) Health Policy , vol.68 , Issue.3 , pp. 289-298
    • Frew, E.J.1    Wolstenholme, J.L.2    Whynes, D.K.3
  • 21
    • 0032104361 scopus 로고    scopus 로고
    • Referendum contingent valuation, anchoring, and willingness to pay for public goods
    • Green D., Jacowitz K.E., Kahneman D., and McFadden D. Referendum contingent valuation, anchoring, and willingness to pay for public goods. Resource and Energy Economics 20 (1998) 85-116
    • (1998) Resource and Energy Economics , vol.20 , pp. 85-116
    • Green, D.1    Jacowitz, K.E.2    Kahneman, D.3    McFadden, D.4
  • 22
    • 0000513914 scopus 로고
    • Willingness to pay and willingness to accept: how much can they differ?
    • Hanemann W.M. Willingness to pay and willingness to accept: how much can they differ?. American Economic Review 81 3 (1991) 635-647
    • (1991) American Economic Review , vol.81 , Issue.3 , pp. 635-647
    • Hanemann, W.M.1
  • 23
    • 0001870183 scopus 로고
    • Valuing the environment through contingent valuation
    • Hanemann W.M. Valuing the environment through contingent valuation. Journal of Economic Perspectives 8 4 (1994) 19-43
    • (1994) Journal of Economic Perspectives , vol.8 , Issue.4 , pp. 19-43
    • Hanemann, W.M.1
  • 26
    • 0025981829 scopus 로고
    • Economic evaluation in health care: is there a role for cost-benefit analysis?
    • Johannesson M., and Jonsson B. Economic evaluation in health care: is there a role for cost-benefit analysis?. Health Policy 17 1 (1991) 1-23
    • (1991) Health Policy , vol.17 , Issue.1 , pp. 1-23
    • Johannesson, M.1    Jonsson, B.2
  • 28
    • 84936526580 scopus 로고
    • Experimental tests of the endowment effect and the Coase theorem
    • Kahneman D., Knetsch J.L., and Thaler R.H. Experimental tests of the endowment effect and the Coase theorem. Journal of Political Economy 98 6 (1990) 1325-1340
    • (1990) Journal of Political Economy , vol.98 , Issue.6 , pp. 1325-1340
    • Kahneman, D.1    Knetsch, J.L.2    Thaler, R.H.3
  • 30
    • 0000125532 scopus 로고
    • Prospect theory: an analysis of decision under risk
    • Kahneman D., and Tversky A. Prospect theory: an analysis of decision under risk. Econometrica 4 (1979) 263-291
    • (1979) Econometrica , vol.4 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 32
    • 0030279017 scopus 로고    scopus 로고
    • Contingent valuation with an open-ended follow-up question: a test of scope and question order effects
    • Kartman B., Stålhammar N.O., and Johannesson M. Contingent valuation with an open-ended follow-up question: a test of scope and question order effects. Health Economics 5 6 (1996) 531-541
    • (1996) Health Economics , vol.5 , Issue.6 , pp. 531-541
    • Kartman, B.1    Stålhammar, N.O.2    Johannesson, M.3
  • 33
    • 0031434642 scopus 로고    scopus 로고
    • Contingent valuation with an open-ended follow-up question: a test of scope effects
    • Kartman B., Stålhammar N.O., and Johannesson M. Contingent valuation with an open-ended follow-up question: a test of scope effects. Health Economics 6 6 (1997) 637-639
    • (1997) Health Economics , vol.6 , Issue.6 , pp. 637-639
    • Kartman, B.1    Stålhammar, N.O.2    Johannesson, M.3
  • 34
    • 0033048086 scopus 로고    scopus 로고
    • The contingent valuation method in health care
    • Klose T. The contingent valuation method in health care. Health Policy 47 2 (1999) 97-123
    • (1999) Health Policy , vol.47 , Issue.2 , pp. 97-123
    • Klose, T.1
  • 35
    • 0034102627 scopus 로고    scopus 로고
    • On hypothetical bias and calibration in cost-benefit studies
    • Liljas B., and Blumenschein K. On hypothetical bias and calibration in cost-benefit studies. Health Policy 52 (2000) 53-70
    • (2000) Health Policy , vol.52 , pp. 53-70
    • Liljas, B.1    Blumenschein, K.2
  • 36
    • 0000923828 scopus 로고
    • Regret theory: an alternative theory of rational choice under uncertainty
    • Loomes G., and Sugden R. Regret theory: an alternative theory of rational choice under uncertainty. The Economic Journal 92 (1982) 805-824
    • (1982) The Economic Journal , vol.92 , pp. 805-824
    • Loomes, G.1    Sugden, R.2
  • 37
    • 0032325539 scopus 로고    scopus 로고
    • Willingness to pay or intention to pay: the attitude-behavior relationship in contingent valuation
    • Luzar E.J., and Cossé K.J. Willingness to pay or intention to pay: the attitude-behavior relationship in contingent valuation. Journal of Socio-Economics 27 3 (1998) 427-444
    • (1998) Journal of Socio-Economics , vol.27 , Issue.3 , pp. 427-444
    • Luzar, E.J.1    Cossé, K.J.2
  • 38
    • 0000969565 scopus 로고    scopus 로고
    • Choice under uncertainty: problems solved and unsolved
    • Machina M.J. Choice under uncertainty: problems solved and unsolved. Economic Perspectives 1 1 (1997) 121-154
    • (1997) Economic Perspectives , vol.1 , Issue.1 , pp. 121-154
    • Machina, M.J.1
  • 39
    • 33747824049 scopus 로고    scopus 로고
    • Mitchell RC, Carson RT. Using Surveys to Value Public Goods: The Contingent Valuation Method Resources for the Future. New York 1989.
  • 41
    • 0031435790 scopus 로고    scopus 로고
    • Aiding priority setting in health care: is there a role for the contingent valuation method?
    • Olsen J.A. Aiding priority setting in health care: is there a role for the contingent valuation method?. Health Economics 6 (1997) 603-612
    • (1997) Health Economics , vol.6 , pp. 603-612
    • Olsen, J.A.1
  • 42
    • 2942685293 scopus 로고    scopus 로고
    • The insensitivity of 'willingness-to-pay' to the size of the good: new evidence for health care
    • Olsen J.A., Donaldson C., and Pereira J. The insensitivity of 'willingness-to-pay' to the size of the good: new evidence for health care. Journal of Economic Psychology 25 (2004) 445-460
    • (2004) Journal of Economic Psychology , vol.25 , pp. 445-460
    • Olsen, J.A.1    Donaldson, C.2    Pereira, J.3
  • 43
    • 0035139662 scopus 로고    scopus 로고
    • Theory versus practice: a review of 'willingness-to-pay' in health and health care
    • Olsen J.A., and Smith R.D. Theory versus practice: a review of 'willingness-to-pay' in health and health care. Health Economics 10 1 (2001) 39-52
    • (2001) Health Economics , vol.10 , Issue.1 , pp. 39-52
    • Olsen, J.A.1    Smith, R.D.2
  • 44
    • 33747818503 scopus 로고    scopus 로고
    • Oostenbrink JB, Koopmanschap MA, Rutten FFH. Guidelines for cost research, methods and recommended prices for economic evaluations in health care [in Dutch; Handleiding voor kostenonderzoek, methoden en richtprijzen voor economische evaluaties in de gezondheidszorg]. Amstelveen: College voor Zorgverzekeringen, 2000.
  • 46
    • 1542618050 scopus 로고    scopus 로고
    • Valuing health care using willingness to pay: a comparison of the payment card and dichotomous choice methods
    • Ryan M., Scott D.A., and Donaldson C. Valuing health care using willingness to pay: a comparison of the payment card and dichotomous choice methods. Journal of Health Economics 23 (2004) 237-258
    • (2004) Journal of Health Economics , vol.23 , pp. 237-258
    • Ryan, M.1    Scott, D.A.2    Donaldson, C.3
  • 48
    • 0002827893 scopus 로고
    • Where do numbers come from? How people respond in contingent valuation questions
    • Hausman J.A. (Ed), North-Holland, New York
    • Schkade D.A., and Payne J.W. Where do numbers come from? How people respond in contingent valuation questions. In: Hausman J.A. (Ed). Contingent valuation: a critical assessment (1993), North-Holland, New York
    • (1993) Contingent valuation: a critical assessment
    • Schkade, D.A.1    Payne, J.W.2
  • 49
    • 0007106284 scopus 로고
    • How people respond to contingent valuation questions: a verbal protocol analysis of willingness to pay for environmental regulation
    • Schkade D.A., and Payne J.W. How people respond to contingent valuation questions: a verbal protocol analysis of willingness to pay for environmental regulation. Journal of Environmental Economics and Management 26 1 (1994) 88-109
    • (1994) Journal of Environmental Economics and Management , vol.26 , Issue.1 , pp. 88-109
    • Schkade, D.A.1    Payne, J.W.2
  • 50
    • 0033572972 scopus 로고    scopus 로고
    • Caregiving as a risk factor for mortality: the caregiver health effects study
    • Schulz R., and Beach S.R. Caregiving as a risk factor for mortality: the caregiver health effects study. JAMA 282 23 (1999) 2215-2219
    • (1999) JAMA , vol.282 , Issue.23 , pp. 2215-2219
    • Schulz, R.1    Beach, S.R.2
  • 51
    • 23044526661 scopus 로고    scopus 로고
    • Determinants of the magnitude of willingness to accept relative to willingness to pay
    • Sheffrin H., and Caldwell D. Determinants of the magnitude of willingness to accept relative to willingness to pay. Journal of Behavioural Decision Making 14 (2001) 87-105
    • (2001) Journal of Behavioural Decision Making , vol.14 , pp. 87-105
    • Sheffrin, H.1    Caldwell, D.2
  • 53
    • 38249024360 scopus 로고
    • The behavior of respondents in contingent valuation: evidence on starting bids
    • Silberman J., and Klock M. The behavior of respondents in contingent valuation: evidence on starting bids. Journal of Behavioral Economics 18 1 (1989) 51-60
    • (1989) Journal of Behavioral Economics , vol.18 , Issue.1 , pp. 51-60
    • Silberman, J.1    Klock, M.2
  • 54
    • 0034035790 scopus 로고    scopus 로고
    • The discrete-choice willingness-to-pay question format in health economics: should we adopt environmental guidelines?
    • Smith R.D. The discrete-choice willingness-to-pay question format in health economics: should we adopt environmental guidelines?. Medical Decision Making 20 (2000) 194-206
    • (2000) Medical Decision Making , vol.20 , pp. 194-206
    • Smith, R.D.1
  • 55
    • 0041924826 scopus 로고    scopus 로고
    • Construction of the contingent valuation market in health care: a critical assessment
    • Smith R.D. Construction of the contingent valuation market in health care: a critical assessment. Health Economics 12 8 (2003) 609-628
    • (2003) Health Economics , vol.12 , Issue.8 , pp. 609-628
    • Smith, R.D.1
  • 57
    • 0016264378 scopus 로고
    • Judgement under uncertainty: heuristics and biases
    • Tversky A., and Kahneman D. Judgement under uncertainty: heuristics and biases. Science 185 (1974) 1124-1131
    • (1974) Science , vol.185 , pp. 1124-1131
    • Tversky, A.1    Kahneman, D.2
  • 58
    • 13844281386 scopus 로고    scopus 로고
    • Van den Berg B, Brouwer W, Van Exel J, Koopmanschap M., Economic valuation of informal care: the contingent valuation method applied to informal care giving. Health Economics 2004. in press.
  • 59
    • 33747817892 scopus 로고    scopus 로고
    • Van Exel NJA, Van de Berg B, Koopmanschap MA, Van den Bos GAM, Brouwer WBF. Informal care in the Netherlands: a situational sketch of informal care-providers reached via Informal Care Centres. iMTA report 02.58b. Rotterdam: Erasmus MC, iMTA. 2002 (available from www.imta.nl/reports.html).
  • 61
    • 0035584431 scopus 로고    scopus 로고
    • Implications of attitude change theories for numerical anchoring: anchor plausibility and the limits of anchor effectiveness
    • Wegener D.T., Petty R.E., Detweiler-Bedell B.T., and Jarvis WB.G. Implications of attitude change theories for numerical anchoring: anchor plausibility and the limits of anchor effectiveness. Journal of Experimental Social Psychology 37 (2001) 62-69
    • (2001) Journal of Experimental Social Psychology , vol.37 , pp. 62-69
    • Wegener, D.T.1    Petty, R.E.2    Detweiler-Bedell, B.T.3    Jarvis, WB.G.4
  • 62
    • 1142275375 scopus 로고    scopus 로고
    • Evidence of range bias in contingent valuation payment scales
    • Whynes D.K., Wolstenholme J.L., and Frew E. Evidence of range bias in contingent valuation payment scales. Helath Economics 13 (2004) 183-190
    • (2004) Helath Economics , vol.13 , pp. 183-190
    • Whynes, D.K.1    Wolstenholme, J.L.2    Frew, E.3
  • 64
    • 0035604059 scopus 로고    scopus 로고
    • A new explanation for the WTP/WTA disparity
    • Zhao J., and Kling C.L. A new explanation for the WTP/WTA disparity. Economic Letters 73 (2001) 293-300
    • (2001) Economic Letters , vol.73 , pp. 293-300
    • Zhao, J.1    Kling, C.L.2
  • 65
    • 3242680799 scopus 로고    scopus 로고
    • Willingness to pay, compensating variation, and the cost of commitment
    • Zhao J., and Kling C.L. Willingness to pay, compensating variation, and the cost of commitment. Economic Inquiry 42 3 (2004) 503-517
    • (2004) Economic Inquiry , vol.42 , Issue.3 , pp. 503-517
    • Zhao, J.1    Kling, C.L.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.