Show simple item record

Files in this item

Thumbnail
Name:
Sheremet_2016_ERE_ChoiceConsistency_CC.pdf
Size:
514.9Kb
Format:
PDF
View/Open

Choice consistency and preference stability in test-retests of discrete choice experiment and open-ended willingness to pay elicitation formats

Item metadata

dc.contributor.authorBrouwer, Roy
dc.contributor.authorLogar, Ivana
dc.contributor.authorSheremet, Oleg
dc.date.accessioned2016-07-22T15:30:07Z
dc.date.available2016-07-22T15:30:07Z
dc.date.issued2017-11
dc.identifier244483308
dc.identifier23c2ec32-b531-4fed-a60f-154abf892941
dc.identifier84978112677
dc.identifier000415818900013
dc.identifier.citationBrouwer , R , Logar , I & Sheremet , O 2017 , ' Choice consistency and preference stability in test-retests of discrete choice experiment and open-ended willingness to pay elicitation formats ' , Environmental and Resource Economics , vol. 68 , no. 3 , pp. 729-751 . https://doi.org/10.1007/s10640-016-0045-zen
dc.identifier.issn0924-6460
dc.identifier.urihttps://hdl.handle.net/10023/9196
dc.descriptionThis study was funded by the Swiss Federal Institute of Aquatic Science and Technology (Eawag) in Zürich.en
dc.description.abstractThis study tests the temporal stability of preferences, choices and willingness to pay (WTP) values using both discrete choice experiment (DCE) and open-ended (OE) WTP elicitation formats. The same sample is surveyed three times over the course of two years using each time the same choice sets. Choice consistency is positively correlated with choice certainty and choice complexity. The impact of choice complexity fades away in time, most likely as a result of learning and preference refinement. Although the OE WTP values remain stable over a time period of 2 years as in previous stated preference studies, DCE based WTP measures differ significantly, suggesting their use in benefits transfer may be limited.
dc.format.extent23
dc.format.extent527348
dc.language.isoeng
dc.relation.ispartofEnvironmental and Resource Economicsen
dc.subjectChoice consistencyen
dc.subjectDiscrete choice experimenten
dc.subjectOpen-ended WTPen
dc.subjectPreference stabilityen
dc.subjectTest-retesten
dc.subjectHB Economic Theoryen
dc.subjectGE Environmental Sciencesen
dc.subjectManagement, Monitoring, Policy and Lawen
dc.subjectAerospace Engineeringen
dc.subjectNDASen
dc.subject.lccHBen
dc.subject.lccGEen
dc.titleChoice consistency and preference stability in test-retests of discrete choice experiment and open-ended willingness to pay elicitation formatsen
dc.typeJournal articleen
dc.contributor.institutionUniversity of St Andrews. Geography & Sustainable Developmenten
dc.identifier.doi10.1007/s10640-016-0045-z
dc.description.statusPeer revieweden


This item appears in the following Collection(s)

Show simple item record

Items in the St Andrews Research Repository are protected by copyright, with all rights reserved, unless otherwise indicated.