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The development of more realistic choice experiments has taken on board a number of suggestions in the broader hypothetical bias literature. One issue, in particular, is the increasing interest in finding ways to bridge the gap between the stated choice response and real choosing, as a way of...
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In January 2013 the interurban passenger transport market in Germany was liberalized and several coach carriers emerged offering an alternative to the Deutsche Bahn, a state owned rail monopoly. The coach carriers have attempted to position themselves not just through lower prices but also...
Persistent link: https://www.econbiz.de/10010417487
Die Schätzung externer Effekte des Verkehrs gehört zu den kompliziertesten Problemen der verkehrsökonomischen Forschung. Viele einst verfochtene und angewandte Methoden, wie zum Beispiel die hedonische Preisbildung, der Humankapitalansatz und die Kontingente Bewertungsmethode, werden zu Recht...
Persistent link: https://www.econbiz.de/10010473752
Although hybrid choice models are fairly popular nowadays, the way in which different types of latent variables are considered into the utility function has not been extensively analysed. Latent variables accounting for attitudes resemble socioeconomic characteristics and, therefore, systematic...
Persistent link: https://www.econbiz.de/10011392224
This paper addresses the continuity of attitudinal and perceptual indicators in hybrid discrete choice models and the main objective of this work is to compare the consequences of treating the indicators as continuous or ordinal outcomes, given different assumptions about the way in which these...
Persistent link: https://www.econbiz.de/10011392235
We provide an in-depth theoretical discussion about the differences between attitudes and perceptions, as well as an empirical exercise to analyze its effects. This discussion is of importance, as the large majority of papers considering attitudinal latent variables, just consider those as...
Persistent link: https://www.econbiz.de/10010519874
Most road accidents in Chile (causing about 1,600 deaths per year) are linked to speeding. A widely used control mechanism all over the world, the speed detectors, enabled in the middle of the 1990's was then suddenly prohibited in Chile through the enactment of a law justified on the idea that...
Persistent link: https://www.econbiz.de/10010289374
Wine is a complex product. Preferences for it are not only highly heterogeneous throughout the population, but also amply susceptible to context. The objective of this study is to discover and measure these preferences, focusing on a set of non-sensory attributes of wine. To identify the most...
Persistent link: https://www.econbiz.de/10010918058