Showing 1 - 10 of 23
Stated choice models based on the random utility framework are becoming increasingly popular inthe applied economics literature. The need to account for respondents’ preference heterogeneity insuch models has motivated researchers in agricultural, environmental, health and transporteconomics...
Persistent link: https://www.econbiz.de/10009465872
Stated choice models based on the random utility framework are becoming increasingly popular in the applied economics literature. The need to account for respondents' preference heterogeneity in such models has motivated researchers in agricultural, environmental, health, and transport economics...
Persistent link: https://www.econbiz.de/10009465978
A range of empirical approaches to representing preference heterogeneity have emerged in choice modelling. Researchers have been able to explore the differences which selection of a particular approach makes to welfare measures in a particular dataset, and indeed have been able to implement a...
Persistent link: https://www.econbiz.de/10009465808
Should we give equal weight to all responses in a choice experiment? Previous Choice Modelling papers have considered the issue of the internal consistency of choices – such as the extent to which strictly-dominated options are chosen. In this paper, a different focus is employed, namely the...
Persistent link: https://www.econbiz.de/10009465843
Recent work by Kahneman and others has led to a new focus in economics on a wellbeing-based approach to utility. This suggests that ‘experienced utility’ is an alternative and more appropriate basis for the measurement of economic value compared with ‘decision utility’. In this paper, we...
Persistent link: https://www.econbiz.de/10009465864
Applications of discrete choice experiments to study consumer choice behavior have grown significantly over the past decade. Typically, discrete choice experiment data are analyzed using McFadden’s Multinomial Logit (MNL) model or a more sophisticated extension that relaxes some of MNL’s...
Persistent link: https://www.econbiz.de/10009448487
This study was an important start to explore the feasibility of applying stated preference discrete choice modelling (SPDCM) for use in developing breast screening participation enhancement strategies. It needs to be followed by further research to establish model validity and authoritative...
Persistent link: https://www.econbiz.de/10009458519
How people make choices in relation to cultural and leisure consumption has been explored from the viewpoint of motivation, lifestyle segmentation, and lifecycle. Little is known about the specific characteristics associated with choices to visit, re-visit, or not to visit a museum....
Persistent link: https://www.econbiz.de/10009482254
AbstractThe objective of this thesis is to investigate the preferences of individuals for the management of upland landscapes in the UK. Environmental valuation techniques are becoming an increasingly important tool in the development of environmental management policy, however, they are not...
Persistent link: https://www.econbiz.de/10009465809
This paper is concerned with the empirical relationship between biodiversity conservation valuesand income. We use random effects panel models to examine the effects of income, and then GDPper capita, on willingness to pay for habitat and biodiversity conservation. In a meta-analysis,...
Persistent link: https://www.econbiz.de/10009465829