4.4 Article

On the meaningfulness of testing preference axioms in stated preference discrete choice experiments

Journal

EUROPEAN JOURNAL OF HEALTH ECONOMICS
Volume 13, Issue 4, Pages 409-417

Publisher

SPRINGER
DOI: 10.1007/s10198-011-0312-4

Keywords

Stated preference discrete choice experiments; Completeness; Transitivity; Random utility; Statistical tests

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A stream of studies on evaluation of health care services and public goods have developed tests of the preference axioms of completeness and transitivity and methods for detecting other preference phenomena such as unstability, learning- and tiredness effects, and random error, in stated preference discrete choice experiments. This methodological paper tries to identify the role of the preference axioms and other preference phenomena in the context of such experiments and discusses whether or how such axioms and phenomena can be subject to meaningful (statistical) tests.

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