publication . Other literature type . Article . 2010

Stated Choice Experiments with Complex Ecosystem Changes: The Effect of Information Formats on Estimated Variances and Choice Parameters

Hoehn, John P.; Frank Lupi; Kaplowitz, Michael D.;
English
  • Published: 01 Dec 2010
  • Publisher: Unknown
Abstract
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 ...
Subjects
Medical Subject Headings: education
free text keywords: choice experiments, heuristics, stated preference, valuation, web surveys, wetland mitigation, Crop Production/Industries, Demand and Price Analysis,, Crop Production/Industries, Demand and Price Analysis, choice experiments, heuristics, stated preference, valuation, web surveys, wetland mitigation, Agriculture, S
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publication . Other literature type . Article . 2010

Stated Choice Experiments with Complex Ecosystem Changes: The Effect of Information Formats on Estimated Variances and Choice Parameters

Hoehn, John P.; Frank Lupi; Kaplowitz, Michael D.;