This paper compares different types of simulated draws over a range of number of draws in generating Bayesian efficient designs for stated choice (SC) studies. The paper examines how closely pseudo Monte Carlo, quasi Monte Carlo and Gaussian quadrature methods are able to replicate the true...

The inclusion of attitudinal indicator variables within discrete choice models is now common practice. Typically, this involves the estimation of multiple indicator multiple cause (MIMIC) type models which are used to construct latent attitudinal variables that are then employed as independent...