Arbeitspapier
Incomplete preferences in choice experiments: A note on avoidable noise and bias in welfare estimates
How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in welfare estimates, and can be avoided.
- Language
-
Englisch
- Bibliographic citation
-
Series: Jena Economic Research Papers ; No. 2010,003
- Classification
-
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
Valuation of Environmental Effects
- Subject
-
Choice experiment
Ordered Logit
Bias
Preference Axioms
Präferenztheorie
Test
Bias
Logit-Modell
Wohlfahrtseffekt
- Event
-
Geistige Schöpfung
- (who)
-
Kataria, Mitesh
Shogren, Jason F.
- Event
-
Veröffentlichung
- (who)
-
Friedrich Schiller University Jena and Max Planck Institute of Economics
- (where)
-
Jena
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kataria, Mitesh
- Shogren, Jason F.
- Friedrich Schiller University Jena and Max Planck Institute of Economics
Time of origin
- 2010
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