2019
DOI: 10.1016/j.socscimed.2019.04.015
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The criterion validity of willingness to pay methods: A systematic review and meta-analysis of the evidence

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Cited by 37 publications
(22 citation statements)
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“…Our findings confirm a pattern of urban participants being willing to pay more than the rural participants. While the presence of hypothetical bias questions the validity and usefulness of the stated WTP values, we note that the magnitude of this bias in our study is relatively small compared to previous studies (e.g., Kanya, Sanghera, Lewin, & Fox-Rushby, 2019;List & Gallet, 2001).…”
Section: Participants Were Willing To Pay For Pcfpcontrasting
confidence: 65%
“…Our findings confirm a pattern of urban participants being willing to pay more than the rural participants. While the presence of hypothetical bias questions the validity and usefulness of the stated WTP values, we note that the magnitude of this bias in our study is relatively small compared to previous studies (e.g., Kanya, Sanghera, Lewin, & Fox-Rushby, 2019;List & Gallet, 2001).…”
Section: Participants Were Willing To Pay For Pcfpcontrasting
confidence: 65%
“…It is also unclear if the recruitment of a convenience sample via an online platform with fixed payment rate might have impacted results for the willingness-to-seek measure, as the measure requires interested participants to extend their time commitment. Indeed, although there is some evidence to suggest that results obtained via auctions may be comparable for hypothetical and real monetary incentives (e.g., , there can at times be substantial heterogeneity between the two (e.g., Kanya et al, 2019;Voelckner, 2006), which may apply to all our behavioural tasks. We therefore recommend that future research delve deeper into each individual measure with larger samples (ideally: not relying on convenience sampling or timeconstrained participants); investigate the role of incentives (e.g., by offering actual monetary endowments and products); and incorporate more realistic group-based social-media simulations across a range of topics.…”
Section: Discussionmentioning
confidence: 99%
“…It is also unclear if the recruitment of a convenience sample via an online platform with fixed payment rate might have impacted results for the willingness-to-seek measure, as the measure requires interested participants to extend their time commitment. Indeed, although there is some evidence to suggest that results obtained via auctions may be comparable for hypothetical and real monetary incentives (e.g., , there can at times be substantial heterogeneity between the two (e.g., Kanya et al, 2019;Voelckner, 2006), which may apply to all our behavioural tasks. We therefore recommend that future research delve deeper into each individual measure with larger samples (ideally: not relying on convenience sampling or timeconstrained participants); investigate the role of incentives (e.g., by offering actual monetary endowments and products); and incorporate more realistic group-based social-media simulations.…”
Section: Discussionmentioning
confidence: 99%