4.2 Article Proceedings Paper

Recent progress on endogeneity in choice modeling

Journal

MARKETING LETTERS
Volume 16, Issue 3-4, Pages 255-265

Publisher

SPRINGER
DOI: 10.1007/s11002-005-5890-4

Keywords

choice models; endogeneity; choice experiments

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We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions of willingness-to-pay; and methods for handling traditionally endogenous explanatory variables.

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