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In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns,...
Persistent link: https://www.econbiz.de/10011335227
Electric mobility and renewable energy play key roles in the global energy transition. In this context, vehicle- to-grid technology, which enables bidirectional energy ŕow between electric vehicles and the grid, could make electric vehicles usable as energy storage units, thus supporting grid...
Persistent link: https://www.econbiz.de/10015331242
In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns,...
Persistent link: https://www.econbiz.de/10014072377
This paper explores the potential usefulness and possible pitfalls of using integrated choice and latent variable models (hybrid choice models) on stated choice data to inform policy. Using a series of Monte-Carlo simulations, we consider how model selection depends on the strength of...
Persistent link: https://www.econbiz.de/10012488413
This paper investigates public opinion on the Swiss CO2 levy and its 2020 revision by using a discrete choice experiment answered by a sample of 586 respondents living in Switzerland. The experiment is designed to elicit citizen preferences among various taxation attributes and is followed by a...
Persistent link: https://www.econbiz.de/10012319681
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Within the transition towards a “circular” economy, more farmers are searching for bio-based fertilisers, which are nutrient products based on animal manure. In Denmark, there are many collaborative agreements between farmers, and the need for manure processing is relatively low. Arable...
Persistent link: https://www.econbiz.de/10012387155
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Respondents’ belief on policy and payment consequentiality in a stated preference survey can influence the estimation of willingness to pay (WTP). This study introduces a new approach to calibrate WTP estimates using perceived policy consequentiality that enables detailed analyses of the...
Persistent link: https://www.econbiz.de/10014099587