Sample size and utility-difference precision in discrete-choice experiments: A meta-simulation approach
Jui-Chen Yang,
F. Reed Johnson,
Vikram Kilambi and
Ateesha F. Mohamed
Journal of choice modelling, 2015, vol. 16, issue C, 50-57
Abstract:
•A meta-simulation strategy analyzes what affects utility-difference precision.•Meta-data are obtained from 34 individual DCE patient-preference data sets.•Utility-difference precision is regressed on sample size and study characteristics.•Study-design features affect precision more than experimental-design efficiency.•An empirical sample-size power equation is derived for DCE health studies.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eejocm:v:16:y:2015:i:c:p:50-57
DOI: 10.1016/j.jocm.2015.09.001
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