Does status quo interpretation affect welfare estimates?

• Main Authors: Bakti Hasan-Basri,, Shamsul Bahrain Rawi,, Hamimi Omar,
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2018
• Online Access: http://journalarticle.ukm.my/20075/1/jeko_523-9.pdf; http://journalarticle.ukm.my/20075/; https://www.ukm.my/jem/issue/v52i3/

In choice experiments (CEs), respondents select their most preferred alternative from a series of choices. One of these alternatives is the status quo (SQ) option, which resembles the current scenario. Previous studies have shown that the way the researcher defines the SQ may be different from how...