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This paper examines various design strategies that might be employed to construct statistically more efficient stated choice designs in the presence of a reference alternative in a choice set. Using data collected in Sydney in 2004 in the context of trading time and cost attributes associated...
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The greatest hurdle facing road pricing reform is political commitment. With rare exception, efforts to introduce significant reform in road pricing, aimed at raising sufficient revenue to ensure that road investment and ongoing maintenance is secured, without an additional impost to users above...
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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/10010289580
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...
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