TY - JOUR
T1 - Stated and inferred attribute attendance models: A comparison with environmental choice experiments
AU - Kragt, Marit
PY - 2013
Y1 - 2013
N2 - There is increasing evidence that respondents to choice experiment surveys do not consider all attributes presented in the choice sets. Not accounting for this 'attribute non-attendance' leads to biased parameter estimates, and hence biased estimates of willingness to pay. Various methods exist to account for non-attendance in the analysis of choice data, with limited agreement as to which method is 'best'. This paper compares modelling approaches that can account for non-attendance, based on stated and inferred attribute non-attendance. Respondents' stated non-attendance is incorporated in the specification of multinomial and mixed logit models. Inference of non-attendance is based on equality constrained latent class models. Results show that model fit is significantly improved when attribute non-attendance is taken into account, and that welfare estimates are lower when incorporating non-attendance. The inference based on equality constrained latent class models provides the best model fit. There is little concordance between stated and inferred non-attendance, suggesting that respondents may not answer attendance statements truthfully. © 2013 The Agricultural Economics Society.
AB - There is increasing evidence that respondents to choice experiment surveys do not consider all attributes presented in the choice sets. Not accounting for this 'attribute non-attendance' leads to biased parameter estimates, and hence biased estimates of willingness to pay. Various methods exist to account for non-attendance in the analysis of choice data, with limited agreement as to which method is 'best'. This paper compares modelling approaches that can account for non-attendance, based on stated and inferred attribute non-attendance. Respondents' stated non-attendance is incorporated in the specification of multinomial and mixed logit models. Inference of non-attendance is based on equality constrained latent class models. Results show that model fit is significantly improved when attribute non-attendance is taken into account, and that welfare estimates are lower when incorporating non-attendance. The inference based on equality constrained latent class models provides the best model fit. There is little concordance between stated and inferred non-attendance, suggesting that respondents may not answer attendance statements truthfully. © 2013 The Agricultural Economics Society.
U2 - 10.1111/1477-9552.12032
DO - 10.1111/1477-9552.12032
M3 - Article
SN - 0021-857X
VL - 64
SP - 719
EP - 736
JO - Journal of Agricultural Economics
JF - Journal of Agricultural Economics
IS - 3
ER -