The Effect of Forced Choice with Constant Choice Experiment Complexity

In this analysis we compare WTP estimates of responses separately modelling choice sets of forced choices from those of unforced choices in order to measure the effect of forced choice in Choice experiment. This comparison is done while still maintain constant task complexity and evaluated in WTP space. We find evidence to suggest that individual WTP are different in forced and unforced choice sets and in joint tests for parameter equality.

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Year of publication:	2014
Authors:	Penn, Jerrod ; Hu, Wuyang ; Cox, Linda J.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Choice Experiment \| Environmental Economics and Policy

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Extent:	application/pdf
Series:	2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota Number 169777
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011069107