The Effect of Forced Choice with Constant Choice Experiment Complexity
Jerrod Penn,
Wuyang Hu and
Linda J. Cox
No 169777, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
Abstract:
In this analysis we compare WTP estimates of responses separately modelling choice sets of forced choices from those of unforced choices in order to measure the effect of forced choice in Choice experiment. This comparison is done while still maintain constant task complexity and evaluated in WTP space. We find evidence to suggest that individual WTP are different in forced and unforced choice sets and in joint tests for parameter equality.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 17
Date: 2014
New Economics Papers: this item is included in nep-dcm and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:169777
DOI: 10.22004/ag.econ.169777
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