In this paper, we review recent advances in experimental auctions and provide practical
advice and guidelines for researchers. We focus on issues related to randomisation to …

Because of the potential malleability of stated and revealed preferences for new food
technologies and attributes, this research sought to determine consumers' food value …

Economists, psychologists, and marketers are interested in determining the monetary value
people place on non-market goods for a variety of reasons: to carry out cost-benefit analysis …

A large body of literature suggests willingness‐to‐pay is overstated in hypothetical valuation
questions as compared to when actual payment is required. Recently,“cheap talk” has been …

This chapter explores how economists use experimental methods to understand better the
behavioral underpinnings of environmental valuation. Economic experiments, in the lab or …

Second-price auctions are designed to induce people to reveal their private preferences for
a good. Laboratory evidence suggests that while these auctions do a reasonable job on …

Despite increased use of experimental auctions, a myriad of different procedures are being
employed without formal consideration of how the procedures might affect results. This study …

An increasing interest and concern among consumers in the ways in which food is produced
has led to a need for differentiation in production methods in directions valued by …

Consumers' willingness to pay for Irish, Norwegian, US hormone‐free, and US hormone‐
treated beef was studied in an experimental auction market. We ran four simultaneous …

Experimental methods are central to assessments of environmental valuation approaches
that are operationally meaningful. Existing lab experiments focus attention sharply on the …