Data/hora: 02/06/2024 15:53:19

Provedor de dados: | 31
País: | United States
Título: | Stated Choice Experiments with Complex Ecosystem Changes: The Effect of Information Formats on Estimated Variances and Choice Parameters
Autores: | Hoehn,   John P.; Lupi,   Frank; Kaplowitz,   Michael D.
Data: | 2011-01-21
Ano: | 2010
Palavras-chave: | Choice experiments; Heuristics; Stated preference; Valuation; Web surveys; Wetland mitigation; Crop Production/Industries; Demand and Price Analysis.
Resumo: | Stated choice experiments about ecosystem changes involve complex information. This study examines whether the format in which ecosystem information is presented to respondents affects stated choice outcomes. Our analysis develops a utility-maximizing model to describe respondent behavior. The model shows how alternative questionnaire formats alter respondents’ use of filtering heuristics and result in differences in preference estimates. Empirical results from a large-scale stated choice experiment confirm that different format presentations of the same information lead to different preference parameter estimates and error variances. A tabular format results in choice parameter estimates with statistically smaller variances than parameters estimated from data obtained with a text-based format. A text-based format also appears to induce greater use of decision heuristics than does a tabular format.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/99121

Relação:

Journal of Agricultural and Resource Economics&gt;Volume 35, Number 3, December 2010

JARE

Formato: | 23