Manipulating a stated choice experiment

Research output: Contribution to journalJournal articleResearchpeer-review

This paper considers the design of a stated choice experiment intended to measure the marginal rate of substitution (MRS) between cost and an attribute such as time using a conventional logit model. Focusing the experimental design on some target MRS will bias estimates towards that value. The paper shows why this happens. The resulting estimated MRS can then be manipulated by adapting the target MRS in the experimental design.

Original languageEnglish
JournalJournal of Choice Modelling
Volume16
Pages (from-to)43-49
Number of pages7
ISSN1755-5345
DOIs
Publication statusPublished - 1 Sep 2015

    Research areas

  • C25, C9, Experimental design, JEL C8, Keywords:, Misspecification, Stated choice, Willingness to pay

ID: 181871389