Kehlbacher, A., Balcombe, K. and Bennett, R.
ORCID: https://orcid.org/0000-0003-3226-8370
(2013)
Stated attribute non-attendance in successive choice experiments.
Journal of Agricultural Economics, 64 (3).
pp. 693-706.
ISSN 0021-857X
doi: 10.1111/1477-9552.12021
Abstract/Summary
Attribute non-attendance in choice experiments affects WTP estimates and therefore the validity of the method. A recent strand of literature uses attenuated estimates of marginal utilities of ignored attributes. Following this approach, we propose a generalisation of the mixed logit model whereby the distribution of marginal utility coefficients of a stated non-attender has a potentially lower mean and lower variance than those of a stated attender. Model comparison shows that our shrinkage approach fits the data better and produces more reliable WTP estimates. We further find that while reliability of stated attribute non-attendance increases in successive choice experiments, it does not increase when respondents report having ignored the same attribute twice.
Altmetric Badge
| Item Type | Article |
| URI | https://reading-clone.eprints-hosting.org/id/eprint/31219 |
| Identification Number/DOI | 10.1111/1477-9552.12021 |
| Refereed | Yes |
| Divisions | Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing |
| Uncontrolled Keywords | Shrinkage;stated attribute non-attendance;successive choice experiments |
| Publisher | Wiley-Blackwell |
| Download/View statistics | View download statistics for this item |
University Staff: Request a correction | Centaur Editors: Update this record
Download
Download