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In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns,...
Persistent link: https://www.econbiz.de/10005450735
In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns,...
Persistent link: https://www.econbiz.de/10011256777
Persistent link: https://www.econbiz.de/10008552650
Choice experiments have become an important tool to provide guidance about the value of environmental goods and services. Several evidences, however, are pointing toward an important mismatch between the rationality principles assumed by this methodology and real respondents’ behaviour,...
Persistent link: https://www.econbiz.de/10011143190
Die Qualitätsbeurteilung von Wein stellt für Verbraucher beim Kauf eine besondere Herausforderung dar. In dieser Untersuchung wurden die Präferenzen von Konsumenten von Öko-Lebensmitteln für Wein analysiert, um die relative Bedeutung verschiedener Produkteigenschaften für die...
Persistent link: https://www.econbiz.de/10011070502
In valuing the demand for recreation, the literature has grown from using revealed preference methods to applying stated preference methods, namely contingent valuation and choice modelling. Recent attempts have merged revealed and stated preference data to exploit the strengths of both sources...
Persistent link: https://www.econbiz.de/10008465898
Heterogeneity is a defining characteristic of environmental demand studies that use household-level data. People make different choices due to observed and unobserved differences in preferences and constraints, choice elements are quality-differentiated commodities that can be consumed in...
Persistent link: https://www.econbiz.de/10010700543
Persistent link: https://www.econbiz.de/10010862783
The IFAMR is published quarterly by the International Food and Agribusiness Management Association. Visit website: www.ifama.org
Persistent link: https://www.econbiz.de/10010909713
Environmental valuation is the branch of environmental economics in which researchers estimate the economic value of environmental goods and services. Environmental valuation has been practiced for decades. However, there are some ideas in the field of environmental valuation held by many...
Persistent link: https://www.econbiz.de/10010914263