van Cranenburgh, Sander; Meyerhoff, Jürgen; Rehdanz, Katrin - In: Journal of Choice Modelling 50 (2024), pp. 1-13
Efficient experimental designs aim to maximise the information obtained from stated choice data to estimate discrete choice models' parameters statistically efficiently. Almost without exception efficient experimental designs assume that decision-makers use a Random Utility Maximisation (RUM)...