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Are models and respondents talking the same language: evidence from stated and inferred discontinuous preferences in a choice experiment valuing public goods?

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  • Espinosa, Maria
  • Rodriguez, Macario
  • Madureira, Livia Maria Costa
  • Santos, Jose Lima
  • Gomez y Paloma, Sergio

Abstract

In the choice experiment framework, it is assumed that respondents consider all the attributes when making their choices. However, there is evidence that respondents may not consider all the attributes. This study has proved that in our Choice Experiment survey evaluating public goods, there is significant correlation between the stated preferences declared in a continuous scale by the respondents and the parameter estimates inferred from the models. The correlation has been tested for the coefficient of variation estimated in a Random Parameter Logit and the probability of ignoring derived from a 2K latent class model.

Suggested Citation

  • Espinosa, Maria & Rodriguez, Macario & Madureira, Livia Maria Costa & Santos, Jose Lima & Gomez y Paloma, Sergio, 2014. "Are models and respondents talking the same language: evidence from stated and inferred discontinuous preferences in a choice experiment valuing public goods?," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182668, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae14:182668
    DOI: 10.22004/ag.econ.182668
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    References listed on IDEAS

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    Cited by:

    1. Daniel Berki-Kiss & Klaus Menrad, 2019. "Consumer Preferences of Sustainability Labeled Cut Roses in Germany," Sustainability, MDPI, vol. 11(12), pages 1-19, June.

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