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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.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.otherPURE: 244483308
dc.identifier.otherPURE UUID: 23c2ec32-b531-4fed-a60f-154abf892941
dc.identifier.otherScopus: 84978112677
dc.identifier.otherWOS: 000415818900013
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.language.isoeng
dc.relation.ispartofEnvironmental and Resource Economicsen
dc.rights© The Author(s) 2016. Open Access. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.en
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.description.versionPublisher PDFen
dc.contributor.institutionUniversity of St Andrews. Geography & Sustainable Developmenten
dc.identifier.doihttps://doi.org/10.1007/s10640-016-0045-z
dc.description.statusPeer revieweden


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