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The use of alternative preference elicitation methods in complex discrete choice experiments

Yoo, H.; Doiron, D.

The use of alternative preference elicitation methods in complex discrete choice experiments Thumbnail


Authors

H. Yoo

D. Doiron



Abstract

We analyse stated preference data over nursing jobs collected from two different discrete choice experiments: a multi-profile case best-worst scaling experiment (BWS) prompting selection of the best and worst among alternative jobs, and a profile case BWS wherein the respondents choose the best and worst job attributes. The latter allows identification of additional utility parameters and is believed to be cognitively easier. Results suggest that respondents place greater value on pecuniary over non-pecuniary gains in the multi-profile case. There is little evidence that this discrepancy is induced by the extra cognitive burden of processing several profiles at once in the multi-profile case. We offer thoughts on other likely mechanisms.

Citation

Yoo, H., & Doiron, D. (2013). The use of alternative preference elicitation methods in complex discrete choice experiments. Journal of Economic Psychology, 32(6), 1166-1179. https://doi.org/10.1016/j.jhealeco.2013.09.009

Journal Article Type Article
Acceptance Date Sep 15, 2013
Publication Date Dec 1, 2013
Deposit Date Sep 24, 2013
Publicly Available Date Jul 26, 2016
Journal Journal of Economic Psychology
Print ISSN 0167-4870
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 32
Issue 6
Pages 1166-1179
DOI https://doi.org/10.1016/j.jhealeco.2013.09.009

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Copyright Statement
NOTICE: this is the author’s version of a work that was accepted for publication in Journal of Health Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Health Economics, 32, December 2013, 10.1016/j.jhealeco.2013.09.009.




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