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choice experiment. The results show that although consumers value environmental impact, vehicle performance characteristics …
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In recent years, political and social scientists have made increasing use of conjoint survey designs to study decision-making. Here, we study a consequential question which researchers confront when implementing conjoint designs: how many choice tasks can respondents perform before survey...
Persistent link: https://www.econbiz.de/10011870087
Discovering the preferences and the behaviour of consumers is a key challenge in marketing. Information about such topics can be gathered through surveys in which the respondents must assign a score to a number of items. In this article we suggest a strategy to analyze such data and achieve this...
Persistent link: https://www.econbiz.de/10009349222
Recent research challenges the idea that greater choice is always desirable, showing that larger assortments can increase choice deferral and switching. The present research demonstrates that even when consumers do make a purchase, the same item may generate lower satisfaction when chosen from a...
Persistent link: https://www.econbiz.de/10012764599
Marketers often analyze multinomial choice from a set of branded products to learn about demand. Given a set of brands to study, we analyze three reasons why choices from strict subsets of the brands can contain more statistical information about demand than choices from all the brands in the...
Persistent link: https://www.econbiz.de/10014047435
Preference consistency implies that people have learned their willingness to trade off attributes. We argue that this is not necessarily the case. Instead, we show that when preferences are learned in context (e.g., through repeated choices made from a trinary choice set that includes an...
Persistent link: https://www.econbiz.de/10014026795
uses a first-choice rule in which individuals must select the most preferred option from a choice set (choice experiment …
Persistent link: https://www.econbiz.de/10014070810
Can a short survey instrument reliably measure a range of fundamental economic preferences across diverse settings? We focus on survey questions that systematically predict behavior in incentivized experimental tasks among German university students (Becker et al. 2016) and were implemented...
Persistent link: https://www.econbiz.de/10012027629
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