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Alternative experimental design paradigms in choice experiments and their effects on consumer demand estimates for beef from endangered local cattle breeds: An empirical test
Affiliation:1. Virtual Radiologic Corporation, 11995 Singletree Lane, Suite 500, Eden Prairie, MN 55344;2. Department of Statistics, Colorado State University, Fort Collins, Colorado;3. Emory University Department of Radiology and Imaging Sciences, Emory University Hospital Midtown, Emory University, Atlanta, Georgia
Abstract:In this paper we empirically validate the hypothesis of context independent preferences in choice experiments under different experimental design approaches. Two alternative paradigms for constructing designs are analysed in this study under a simple Multinomial Logit (MNL) framework: optimal orthogonal in the differences (OOD) and D-efficient (EFD) designs. Once having taken into account potential differences in scale (inversely proportional to the variance of the random term in random utility models), preference estimates for beef attributes are found to be sensitive to the design generation process.
Keywords:Choice modelling  Optimal designs  Consumer preferences  Beef attributes
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