Inconsistent and Lexicographic Choices in Stated Preference Analysis

Arbeitspapier

In stated choice (SC) data inconsistent and lexicographic choice behavior is often observed. It is sometimes recommended to remove data with these characteristics from the analysis. In this paper we reconsider this recommendation. In our data many respondents have inconsistent choice patterns, which appear to be due to incidental mistakes. Moreover, a large number of the consistent respondents have lexicographic choice patterns. We show that the logit model, which is the most popular tool for analyzing SP data, is compatible with inconsistent and seemingly lexicographic choice behavior and that it offers precise predictions about the occurrence of such choices. In the data at our disposal the actual number of respondents who made different choices in two identical choice situations is substantially lower than that predicted by the model, whereas the number of respondents with lexicographic answers is much larger than predicted. The logit model is then ada! pted in various ways to bring it in better agreement with the facts. In particular, we introduce an effect of remembering the earlier choice when the same situation recurs, the presence of latent classes of lexicographic respondents and the presence of heterogeneity among respondents.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Tinbergen Institute Discussion Paper ; No. 04-038/3

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities ; Field Experiments ; Valuation of Environmental Effects ; Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
• Thema: stated preference analysis ; choice experiments ; inconsistent choices ; lexicographic choices ; value of time ; value of a statistical life ; Offenbarte Präferenzen ; Präferenztheorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Rouwendal, Jan ; de Blaeij, Arianne T.
• Ereignis: Veröffentlichung
• (wer): Tinbergen Institute
• (wo): Amsterdam and Rotterdam
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/86472
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ