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Modeling observed and unobserved heterogeneity in choice experiments

DOAJ (DOAJ: Directory of Open Access Journals)Published 26 March 2017Open access
Artti Juutinen, Rauli Svento, Yohei Mitani, Erkki Mäntymaad, Yasushi Shojie, Pirkko Siikamäki
Citations6
SJR quartileQ2
SJR score0.29
SNIP0.52
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TL;DR

This paper estimates scale heterogeneity extended stated preference models with special emphasis on including both observed and unobserved heterogeneity, and shows that the scale heterogeneity augmented models are not generally enough to consider both preference and scale heterogeneity.

Keywords

Economics, Econometrics and Finance