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Multi-attribute modeling has rapidly progressed from being a novelty to becoming a widely used tool of economic research. When both choice and attribute ratings data are available, a model that makes joint use of both offers informative inference opportunities. In the present study we develop a...
Persistent link: https://www.econbiz.de/10009443277
Hypothetical bias arises when values which people say they place on a good or service differ systematicallyfrom the values people reveal for the same good or service through actual, binding economictransactions. Studies of hypothetical bias with respect to public goods often use charitable...
Persistent link: https://www.econbiz.de/10009444712
This study investigates evidence of non-compensatory preferences by incorporating attribute cutoffs into the modeling of consumer choices in the context of food with health-related attributes (omega-3 content) that may be associated with fortification or may result from geneticmodification (GM)....
Persistent link: https://www.econbiz.de/10009445860