Would You Choose Your Preferred Option? Comparing Choice and Recoded Ranking Experiments
Previous research has shown that results from a choice experiment are statistically different from those obtained from a ranking experiment that is recoded and treated as a choice experiment using only the first rank. By avoiding some of the shortcomings of previous comparisons, we obtain the opposite results using data from the valuation of a cork oak reforestation program in the south of Spain. Structural models and welfare estimations are statistically indistinguishable irrespective of the use of parametric or bootstrapping tests. Further, we employ follow-up questions and subsample analysis to test whether divergences appear when potential effects are isolated. Copyright 2008, Oxford University Press.
Year of publication: |
2008
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Authors: | Caparrós, Alejandro ; Oviedo, José L. ; Campos, Pablo |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 90.2008, 3, p. 843-855
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Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
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