@TechReport{iza:izadps:dp4307,
            	author={Carlsson, Fredrik and Martinsson, Peter and Akay, Alpaslan},
            	title={The Effect of Power Outages and Cheap Talk on Willingness to Pay to Reduce Outages},
            	year={2009},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={4307},
            	url={https://www.iza.org/publications/dp4307},
	abstract={Using an open-ended contingent valuation survey, we analyze how (i) experience of a power outage due to one of the worst storms ever to hit Sweden and (ii) a cheap talk script affect respondents' WTP to avoid power outages. Experience significantly increases and a cheap talk script decreases the proportion of respondents with zero WTP. There is no significant effect in either case on stated WTP conditional on a positive WTP. The paper concludes with a discussion on the use of valuation studies shortly after the occurrence of an undesirable event.},
	keywords={experience;power outages;contingent valuation;cheap talk},
            }