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Inducing value and institutional learning effects in stated choice experiments using advanced disclosure and instructional choice set treatments
Author(s) -
Abate Tenaw G.,
Mørkbak Morten R.,
Olsen Søren B.
Publication year - 2018
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/agec.12420
Subject(s) - status quo , set (abstract data type) , value (mathematics) , test (biology) , choice set , sample (material) , status quo bias , learning effect , multiple choice , actuarial science , psychology , econometrics , economics , computer science , microeconomics , statistics , mathematics , machine learning , significant difference , paleontology , chemistry , chromatography , market economy , biology , programming language
This article analyses the effect of inducing institutional and value learning in a choice experiment survey concerning food safety. Respondents were subjected to two types of treatments, namely, Advance Disclosure (ADV) and Instructional Choice Set (ICS). Employing a split‐sample setup, we test the effect of providing ICS and ADV in two treatment groups relative to a control group where learning is not induced. We further test and compare the effects of ADV and ICS directly against each other. We find some evidence that ICS reduces institutional uncertainty as intended. Moreover, the results suggest that both ICS and ADV could potentially remove a gender‐specific status‐quo bias.