EconPapers    
Economics at your fingertips  
 

Consistently inconsistent: The role of certainty, acceptability and scale in choice

Matthew J. Beck, John Rose () and David Hensher ()

Transportation Research Part E: Logistics and Transportation Review, 2013, vol. 56, issue C, 81-93

Abstract: Recently emerging in the stated preference literature as methods for better representing behaviour are choice certainty calibration and alternative acceptability. This paper finds that the amount of idiosyncratic error in the context of automobile choice is significant and can be explained by choice task certainty; which is a function of several respondent characteristics. However, it also finds that no theoretical framework exists for how these techniques should be applied and that econometric differences may be responsible for improvements in model fit, rather than better behavioural representation. Raising several questions about certainty indexing, researchers are advised to apply such methods cautiously.

Keywords: Scale; Heterogeneity; Choice certainty; Preferences; Alternative acceptability; Respondent behaviour (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554513000951
Full text for ScienceDirect subscribers only

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:eee:transe:v:56:y:2013:i:c:p:81-93

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2013.05.001

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2020-02-08
Handle: RePEc:eee:transe:v:56:y:2013:i:c:p:81-93