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This study adopts a choice modelling framework to disentangle individual preferences for rural landscape attributes based on the viewing of photographs of the Irish countryside. Using ordered logit and standard panel and pooled regression models, societal preferences are quantified for rural...
Persistent link: https://www.econbiz.de/10012427411
Health preference research (HPR) is the subfield of health economics dedicated to understanding the value of health and health-related objects using observational or experimental methods. In a discrete choice experiment (DCE), the utility of objects in a choice set may differ systematically...
Persistent link: https://www.econbiz.de/10014281496
In a recent study, it was demonstrated that the maximum simulated likelihood (MSL) estimator produces significant biases when applied to the bivariate normal and bivariate Poisson-lognormal models. The study's conclusion suggests that similar biases could be present in other models generated by...
Persistent link: https://www.econbiz.de/10014636421