A contingent grouping approach for stated preferences

Raul Brey, Olvar Bergland and Pere Riera

Resource and Energy Economics, 2011, vol. 33, issue 3, 745-755

Abstract: This paper introduces the theoretical and statistical foundations of contingent grouping, a variant of attribute-based stated preference methods, and checks for its implementation difficulty. Respondents are asked to simply group a number of alternatives as better or worse than a baseline or the status quo situation. A Monte Carlo approach shows that it performs statistically better than contingent choice according to the MSE criterion, and worse than contingent ranking, while a case study suggests that contingent grouping is less difficult to answer than contingent ranking. Furthermore, contingent choice shows a greater consistency in preferences with contingent grouping than with contingent ranking.

Keywords: Contingent; grouping; Choice; modeling; Cognitive; burden (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:33:y:2011:i:3:p:745-755

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