Data management and techniques for best–worst discrete choice experiments

Farahnaz Islam (), James F. Thrasher (), Feifei Xiao (), Robert R. Moran () and James W. Hardin ()
Additional contact information
Farahnaz Islam: Tempus Labs
James F. Thrasher: University of South Carolina
Feifei Xiao: University of Florida
Robert R. Moran: University of South Carolina
James W. Hardin: University of South Carolina

Stata Journal, 2023, vol. 23, issue 4, 1020-1044

Abstract: In this article, we present software that is suitable for use with Stata’s choice modeling suite of commands, which begin with cm. Within the context of choice models, we focus on best–worst data. In such data, respondents are presented a set of choices and are required to select a best and a worst choice from among the alternatives. Optionally, respondents may indicate an opt-out choice, in which no best or worst choice exists in the choice set. Such data are simplified versions of experiments in which respondents rank all the choices. Once best– worst data are collected, there are specific types of data expansions that analysts use to take advantage of both explicit and implicit information. The commands described in this article support data expansion and model estimation.

Keywords: cm_expand; cm_bwpairs; cm_bwsumm; cm_bestworst; choice models; postestimation; attributes; discrete choice experiments; best–worst; maxdiff choice models (search for similar items in EconPapers)
Date: 2023
Note: to access software from within Stata, net describe http://www.stata-journal.com/software/sj18-1/st0735/
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.stata-journal.com/article.html?article=st0735 link to article purchase

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tsj:stataj:v:23:y:2023:i:4:p:1020-1044

Ordering information: This journal article can be ordered from
http://www.stata-journal.com/subscription.html

DOI: 10.1177/1536867X231212437

Access Statistics for this article

Stata Journal is currently edited by Nicholas J. Cox and Stephen P. Jenkins

More articles in Stata Journal from StataCorp LLC
Bibliographic data for series maintained by Christopher F. Baum () and Lisa Gilmore ().