Choice modelling with search and sort data from an interactive choice experiment
Andrew Collins,
Stephane Hess and
John Rose ()
Transportation Research Part E: Logistics and Transportation Review, 2013, vol. 56, issue C, 36-45
Abstract:
We present a highly structured, online, interactive choice environment containing a large number of alternatives, a search tool that eliminates alternatives that fail specified criteria, and a sort tool. A conceptual framework is developed that links tool usage and preference heterogeneity, and tested in the context of long-haul flight choice. Individuals who sort on price are more price sensitive; individuals who search on certain attributes have a greater marginal (dis)utility for that attribute; and individuals who perform certain non-price searches have a lesser price disutility. The method shows promise as a means for providing a richer picture of preference heterogeneity.
Keywords: Interactive choice experiment; Information search; Stated choice experiments; Preference heterogeneity; Airline choice (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:56:y:2013:i:c:p:36-45
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DOI: 10.1016/j.tre.2013.05.002
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