Incorrectly accounting for taste heterogeneity in choice experiments: Does it really matter for welfare measurement?
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- Catalina M. Torres Figuerola & Nick Hanley & Sergio Colombo, 2011. "Incorrectly accounting for taste heterogeneity in choice experiments: Does it really matter for welfare measurement?," CRE Working Papers (Documents de treball del CRE) 2011/1, Centre de Recerca Econòmica (UIB ·"Sa Nostra").
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- Xiaogu Li & Christopher Clark & Kimberly Jensen & Steven Yen, 2014. "Will consumers follow climate leaders? The effect of manufacturer participation in a voluntary environmental program on consumer preferences," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(1), pages 69-87, January.
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Keywords
Monte Carlo analysis; choice experiments; efficiency; accuracy; welfare measurement; preference heterogeneity;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DCM-2011-02-26 (Discrete Choice Models)
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