Choice certainty, consistency, and monotonicity in discrete choice experiments
نویسندگان
چکیده
منابع مشابه
Choice Certainty and Consistency in Repeated Choice Experiments
The main objective of this study is to examine how repeated choice affects preference learning in stated preference experiments. We test different hypotheses related to preference learning by analyzing response patterns and asking respondents in a choice experiment to report their experienced certainty when going through the choice tasks. In a split-sample test, we show that follow-up choice ce...
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We briefly review and discuss traditional conjoint analysis (CA) and discrete choice experiments (DCEs), widely used stated preference elicitation methods in several disciplines. We pay particular attention to the origins and basis of CA, and show that it is generally inconsistent with economic demand theory, and is subject to several logical inconsistencies that make it unsuitable for use in a...
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This article investigates choices between gambles and amounts of money to explore two issues in decision making First, in recent studies, judgments of the values of gambles violated monotontcity (dominance), yet choices between the same gambles satisfied monotonicity, producing reversals of preference This experiment tested whether certainty equivalents based on choices between gambles and mone...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Policy
سال: 2018
ISSN: 2160-6544,2160-6552
DOI: 10.1080/21606544.2018.1515118