| Without Correction | With Correction |
|---|---|
| Underestimates true preferences | Provides more accurate preferences |
| Falsely suggests indifference | Recovers meaningful trade-offs |
| Misleads theory building and application | Provides accurate, unbiased insights |
✅ No additional respondent burden (just one repeated task)
✅ Minimal survey design changes
✅ Massive improvements in accuracy
🧠 Measurement error systematically biases results.
🔥 Correcting for measurement error reveals true preferences, sharper trade-offs, and prevents misleading inferences.