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Consumer products and services can often be described as mixtures of ingredients. Examples are the mixture of ingredients in a cocktail and the mixture of different components of waiting time (e.g., in-vehicle and out-of-vehicle travel time) in a transportation setting. Choice experiments may...
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In a discrete choice experiment, each respondent chooses the best product or service sequentially from many groups or choice sets of alternative goods. The alternatives are described by levels of a set of predefined attributes and are also referred to as profiles. Respondents often find it...
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Discrete choice experiments are an important method to derive willingness-to-pay estimates for non-market goods. Several studies have shown that willingness-to-pay estimates derived from discrete choice experiments can be sensitive to the order of the presented choice tasks or the size of the...
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