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Background: Differences in contingent valuation (CV) estimates for identical healthcare goods can cast considerable doubt on the true economic measures of consumer preferences. Hypothetical nature of CV methods can potentially depend on the salience, context and perceived relevance of the good...
Persistent link: https://www.econbiz.de/10014489809
Discrete choice experiments (DCEs) often present concise choice scenarios that may appear incomplete to respondents. To allow respondents to express uncertainty arising from this incompleteness, DCEs may ask them to state probabilities with which they expect to make specific choices. The...
Persistent link: https://www.econbiz.de/10014494033
exchange. The experiment tightly tests the predictions of Kőszegi and Rabin (2006), as when the probability of forced exchange …
Persistent link: https://www.econbiz.de/10010436164
This study explored the view that distributors have towards the most valued wine attributes by consumers in the US market, applying the discrete choice experiments technique. Furthermore, to explore the extent to which the distributors' perspective may reflect consumers' preferences, the results...
Persistent link: https://www.econbiz.de/10013268119
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
Persistent link: https://www.econbiz.de/10011801805
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
ecolabels, but the extent of its influence remains unclear. This study conducted a choice experiment employing multiple …
Persistent link: https://www.econbiz.de/10014230389
A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived …
Persistent link: https://www.econbiz.de/10013325212
Background: This contribution seeks to measure preferences for health insurance in Germany and the Netherlands, using two Discrete Choice Experiments (DCE). Since the Dutch DCE was carried out right after the 2006 health reform, which made citizens explicitly choose a health insurance contract,...
Persistent link: https://www.econbiz.de/10010526906
We provide evidence for heterogeneous consumer preferences for product quality and game outcome uncertainty (GOU) in Major League Baseball. Using attendance data from 2013 to 2019, we explore functional data clustering techniques to detect common patterns in predictive margins of team-specific...
Persistent link: https://www.econbiz.de/10012794169