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Combining stated and revealed preferences

Romuald Meango, Marc Henry, Ismael Mourifie

arXiv 17 Jul 2025 · Econometrics

arXiv:2507.13552 · PDF · DOI · OpenAlex · Extracted main text

Abstract

Can stated preferences inform counterfactual analyses of actual choice? This research proposes a novel approach to researchers who have access to both stated choices in hypothetical scenarios and actual choices, matched or unmatched. The key idea is to use stated choices to identify the distribution of individual unobserved heterogeneity. If this unobserved heterogeneity is the source of endogeneity, the researcher can correct for its influence in a demand function estimation using actual choices and recover causal effects. Bounds on causal effects are derived in the case, where stated choice and actual choices are observed in unmatched data sets. These data combination bounds are of independent interest. We derive a valid bootstrap inference for the bounds and show its good performance in a simulation experiment.

Citation extraction

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Cross, Philip J and Manski, Charles F (2002) Regressions, short and long0.87452100%
2Fan, Yanqin and Sherman, Robert and Shum, Matthew (2014) Identifying treatment effects under data combination0.64441100%
3Fang, Zheng and Santos, Andres (2019) Inference on directionally differentiable functions0.64422100%
4Almås, Ingvild and Attanasio, Orazio and Jervis, Pamela (2024) Presidential Address: Economics and Measurement: New measures to model decision making0.58531100%
5Bonnans, J Frédéric and Shapiro, Alexander (2013) Perturbation analysis of optimization problems0.58531100%
6Horowitz, Joel L and Manski, Charles F (1995) Identification and robustness with contaminated and corrupted data0.58531100%
7Arcidiacono, Peter and Hotz, V Joseph and Maurel, Arnaud and Romano,… (2020) Ex ante returns and occupational choice0.51121100%
8Fan, Yanqin and Sherman, Robert and Shum, Matthew (2016) Estimation and inference in an ecological inference model0.51121100%
9D'Haultfoeuille, Xavier and Gaillac, Christophe and Maurel, Arnaud (2024) Linear Regressions with Combined Data0.51121100%
10Giustinelli, Pamela and Shapiro, Matthew D (2024) SeaTE: Subjective ex ante Treatment Effect of Health on Retirement0.51121100%

Showing the top 10 of 61 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Partial Identification in Moment Models with Incomplete Data–-A Conditional Optimal Transport Approach0.874122
2An econometrician's guide to optimal transport0.69351
3Linear Regressions with Combined Data0.40511
4Inference in partially identified moment models via regularized optimal transport0.40511
5Econometric Inference with Machine-Learned Proxies: Partial Identification via Data Combination0.40511