In their survey of stated preference validity, Kling et al. (2012) note that past literature using “home grown” values tended to find evidence of hypothetical bias. However, more recent studies have postulated that the absence of “consequential” questioning in laboratory experiments may be responsible for the persistence of this finding. Using literature cited in Kling et al. and any additional/newer studies, evaluate the following general statement: Stated preference methods are likely to pass criterion validity tests if the survey is consequential and incentive compatible.