期刊
AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS
卷 52, 期 3, 页码 253-282出版社
WILEY
DOI: 10.1111/j.1467-8489.2007.00436.x
关键词
efficient experimental design; WTP-efficiency; C-efficiency; experimental design; choice modelling; choice experiments
We review the basic principles for the evaluation of design efficiency in discrete choice modelling with a focus on efficiency of WTP estimates from the multinomial logit model. The discussion is developed under the realistic assumption that researchers call plausibly define a prior belief on the range of values for the utility coefficients. D-, A-, B-, S- and C-errors are compared as measures of design performance in applied studies and their rationale is discussed. An empirical example based on the generation and comparison of fifteen separate designs from a common set of assumptions illustrates the relevant considerations to the context of non-market valuation, with particular emphasis placed on C-efficiency. Conclusions are drawn for the practice of reporting in non-market valuation and for future work on design research.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据