Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10011367195
This paper details the development and application of a Stated Choice (SC) experiment designed to explore motorists sensitivities to a kilometre-based charging regime focused around crash-risk reduction. Responses are gathered through a SC experiment that pivots off actual driving behaviour...
Persistent link: https://www.econbiz.de/10011367237
In recent years there has been a re-focus on the valuation of a statistical life from the ex post or human capital method to an ex ante willingness to pay (WTP) approach. This is in part a recognition that we need to focus on establishing the amount, ex ante, that individuals are willing to pay...
Persistent link: https://www.econbiz.de/10011367243
The development of more realistic choice experiments has taken on board a number of suggestions in the broader hypothetical bias literature. One issue, in particular, is the increasing interest in finding ways to bridge the gap between the stated choice response and real choosing, as a way of...
Persistent link: https://www.econbiz.de/10011367335
This paper reports on the experimental design process and considerations of a choice experiment conducted in collaboration with farmers in northern Australia. The purpose of the research is to inform the design of effective and efficient payments-for-ecosystem services schemes to safeguard north...
Persistent link: https://www.econbiz.de/10010776865
Recent interest in the topic of random scale heterogeneity in discrete choice data has led to the development of specialised tools such as the G-MNL model, as well as repeated claims that studies which fail to separate scale heterogeneity from heterogeneity in individual coefficients are likely...
Persistent link: https://www.econbiz.de/10010703057
An increasing number of studies are concerned with the use of alternatives to random utility maximisation as a decision rule in choice models, with a particular emphasis on regret minimisation over the last few years. The initial focus was on revealing which paradigm fits best for a given...
Persistent link: https://www.econbiz.de/10011049905
Income is a key variable in many choice models. It is also one of the most salient examples of a variable affected by data problems. Issues with income arise as measurement errors in categorically captured income, correlation between stated income and unobserved variables, systematic over- or...
Persistent link: https://www.econbiz.de/10011117145