A Comparison of Algorithms for Conjoint Choice Designs

Illyés László () and Sándor Zsolt ()
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Illyés László: Sapientia Hungarian University of Transylvania, Faculty of Economic and Human Sciences, Department of Economic Sciences, Miercurea Ciuc
Sándor Zsolt: Sapientia Hungarian University of Transylvania, Faculty of Economic and Human Sciences, Department of Business Sciences, Miercurea Ciuc

Acta Universitatis Sapientiae, Economics and Business, 2014, vol. 2, issue 1, 95-108

Abstract: We study the performance of some widely-used design construction algorithms like the coordinate exchange and swapping-cycling as well as some of their versions. We measure performance in two ways, namely, first, by measuring jointly both running time and the efficiency achieved, and, second, by fixing the running time of the algorithms and measuring the efficiency achieved while allowing the number of choice situations to vary. In addition, we also analyse the performance in terms of heterogeneous designs. A somewhat surprising outcome of our analyses is that a simplified version of the joint swapping-cycling algorithm outperforms the coordinate-exchange algorithm irrespective of the performance measure.

Keywords: survey; logit model; greedy approach (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:auseab:v:2:y:2014:i:1:p:95-108:n:6

DOI: 10.2478/auseb-2014-0012

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