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Restricted versus unrestricted choice in labelled choice experiments: exploring the tradeoffs of expanding choice dimensions AgEcon
Windle, Jill; Rolfe, John.
The main objective of the study outlined in this paper was to examine how the inclusion of an additional labelled alternative, to provide respondents with more choice in a stated preference survey, impacted on choice complexity. The valuation context was to elicit preferences for improvements in the future condition of the Great Barrier Reef, Australia. A split sample experiment was implemented where one survey included four labelled alternatives: a status quo option and three specific policy management options (restricted choice). The other survey provided respondents with an unrestricted choice set by including a fifth alternative choice, labelled as “a combination of management options”. While the additional option improved opportunities to find an...
Tipo: Journal Article Palavras-chave: Choice complexity; Choice modelling experiments; Labelled alternatives; Policy management options; Multiple alternatives; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/95072
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