Cerroni, SimoneWatson, VerityKalentakis, DimitriosMacdiarmid, Jennie I.2020-07-022020-07-022019-02Cerroni, S, Watson, V, Kalentakis, D & Macdiarmid, J I 2019, 'Value-elicitation and value-formation properties of discrete choice experiment and experimental auctions', European Review of Agricultural Economics, vol. 46, no. 1, pp. 3-27. https://doi.org/10.1093/erae/jby0140165-1587https://hdl.handle.net/2164/14635Acknowledgements We thank Christian Reynolds for his help in organising sessions and running the experiment at the Scottish Experimental Economics Laboratory (SEEL) at University of Aberdeen. We also thank Sylvia Stephen for her help in creating the recipes for the lasagnes and the professional cooks of the Human Nutrition Unit of the Rowett Institute for preparing the final products. We appreciate comments on the approach from Professor Joseph Swierzbinski. We thank three anonymous reviewers and the editor for comments on an earlier draft of this paper. Funding This research was funded by the Scottish Government – Rural Affairs and the Environment Strategic Research (RESAS) – and the Chief Scientist Office of the Scottish Government Health and Care Directorates.25923258engR MedicineChief Scientist Office (CSO)RJournal article10.1093/erae/jby014461