Search Results - subject:"preference data"

Using prospect theory to investigate the low marginal value of travel time for small time changes

Hjorth, Katrine; Fosgerau, Mogens - Volkswirtschaftliche Fakultät, … - 2012

functions in prospect theory. We use stated preference data with trade-offs between travel time and money that provide separate …

Persistent link: https://www.econbiz.de/10011112850

Long-Run vs. Short-Run Perspectives on Consumer Scheduling: Evidence from a Revealed-Preference Experiment among Peak-Hour Road Commuters

Peer, Stefanie; Verhoef, Erik; Knockaert, Jasper; … - 2011

Theoretical and empirical studies of consumer scheduling behavior usually ignore that consumers have more flexibility to adjust their schedule in the long run than in the short run. We are able to distinguish between long-run choices of travel routines and short-run choices of departure times...

Persistent link: https://www.econbiz.de/10010326326

Door-to-Door Travel Times in RP Departure Time Choice Models: An Approximation Method based on GPS

Peer, Stefanie; Knockaert, Jasper; Koster, Paul; Tseng, … - 2011

A common way to determine values of travel time and schedule delay is by estimating departure time choice models using revealed preference (RP) data. The estimation of such models requires that (expected) travel times are known for both chosen as well as unchosen departure time alternatives. As...

Persistent link: https://www.econbiz.de/10010326355

Long-Run vs. Short-Run Perspectives on Consumer Scheduling: Evidence from a Revealed-Preference Experiment among Peak-Hour Road Commuters

Peer, Stefanie; Verhoef, Erik; Knockaert, Jasper; … - Tinbergen Instituut - 2011

Earlier studies on scheduling behavior have mostly ignored that consumers have more flexibility to adjust their schedule in the long run than in the short run. We introduce the distinction between long-run choices of travel routines and short-run choices of departure times, using data from a...

Persistent link: https://www.econbiz.de/10011256935

Clustering ranked preference data using sociodemographic covariates

Gormley, Isobel Claire; Murphy, Thomas Brendan - 2010

Ranked preference data arise when a set of judges rank, in order of their preference, a set of objects. Such data arise … recorded. Such covariate data should be used in conjunction with preference data when drawing inferences about judges. To … proportions and the component density parameters. A mixture of experts model for ranked preference data is developed by combining …

Persistent link: https://www.econbiz.de/10009475695

Intra-respondent heterogeneity in a stated choice survey on wetland conservation in Belarus : first steps towards creating a link with uncertainty in contingent valuation

Hess, Stephane; Giergiczny, Marek - In: Environmental & resource economics : the official … 60 (2015) 3, pp. 327-347

Persistent link: https://www.econbiz.de/10011440636

Willingness-to-Pay for Energy Conservation and Free-Ridership on Subsidization – Evidence from Germany

Grösche, Peter; Vance, Colin - 2008

Understanding the determinants of home-efficiency improvements is significant to a range of energy policy issues, including the reduction of fossil fuel use and environmental protection. This paper analyzes retrofit choices by assembling a unique data set merging a nationwide household survey...

Persistent link: https://www.econbiz.de/10010264728

Preference Heterogeneity in Relation to Museum Services

Colombino, Ugo; Nese, Annamaria - Centro di Economia del Lavoro e di Politica Economica … - 2008

The prevailing trends in the management of European museums underline the importance of additional museum services in fostering and encouraging the optimisation of cultural assets, while facilitating the collection of the necessary resources for conservation. The paper considers the case of the...

Persistent link: https://www.econbiz.de/10005456435

Modeling Preference Data

MAYDEU, ALBERTO - Área de Entorno Económico, Instituto de Empresa - 2008

We provide a gentle overview of modeling choice data, with an emphasis on statistical models that allow treating both observed and unobserved effects due to the decision makers and choice options. We first consider the situation when decision makers express their preferences in the form of...

Persistent link: https://www.econbiz.de/10005737100

Willingness-to-Pay for Energy Conservation and Free-Ridership on Subsidization – Evidence from Germany

Grösche, Peter; Vance, Colin - Rheinisch-Westfälisches Institut für … - 2008

Understanding the determinants of home-efficiency improvements is significant to a range of energy policy issues, including the reduction of fossil fuel use and environmental protection.This paper analyzes retrofit choices by assembling a unique data set merging a nationwide household survey...

Persistent link: https://www.econbiz.de/10005561994