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Background: Experimental designs constitute a vital component of all Stated Choice (aka discrete choice experiment) studies. However, there exists limited empirical evaluation of the statistical benefits of Stated Choice (SC) experimental designs that employ non-zero prior estimates in...
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The importance of willingness to pay (WTP) and willingness to accept (WTA) measures in the evaluation of policy measures has led to a constant stream of research examining survey methods and model specifications seeking to capture and explain the concept of marginal rates of substitution as much...
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In each stated choice (SC) survey, there is an underlying experimental design from which the hypothetical choice situations are determined. These designs are constructed by the analyst, with several different ways of constructing these designs having been proposed in the past. Recently, there...
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