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This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...
Persistent link: https://www.econbiz.de/10011376457
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/10010325432
Persistent link: https://www.econbiz.de/10003856382
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/10011335227
Conventional hedonic analysis measures willingness to pay for attributes on the basis of marginal fixed costs. We argue that in many cases variable costs are also affected by these attributes and that this should be taken into account. We develop a simple model to show that the marginal...
Persistent link: https://www.econbiz.de/10011382696
Persistent link: https://www.econbiz.de/10003267227
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Persistent link: https://www.econbiz.de/10002026424
The current literature often values intangibles goods as cultural heritage by applying stated preference methods. In recent years, however, the increasing availability of large (spatial) databases on real estate transactions and listed prices has opened up new research possibilities and has...
Persistent link: https://www.econbiz.de/10009536227
We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation...
Persistent link: https://www.econbiz.de/10010325957