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Using Attribute Importance Rankings Within Discrete Choice Experiments: An Application to Valuing Bread Attributes

Balcombe, Kelvin, Bitzios, Michail, Fraser, Iain M, Haddock-Fraser, Janet (2014) Using Attribute Importance Rankings Within Discrete Choice Experiments: An Application to Valuing Bread Attributes. Journal of Agricultural Economics, 65 (2). pp. 446-462. ISSN 0021-857X. E-ISSN 1477-9552. (doi:10.1111/1477-9552.12051) (KAR id:63718)

Abstract

We present a new Bayesian econometric specification for a hypothetical Discrete Choice Experiment (DCE) incorporating respondent ranking information about attribute importance. Our results indicate that a DCE debriefing question that asks respondents to rank the importance of attributes helps to explain the resulting choices. We also examine how mode of survey delivery (online and mail) impacts model performance, finding that results are not substantively affected by the mode of survey delivery. We conclude that the ranking data are a complementary source of information about respondent utility functions within hypothetical DCEs.

Item Type: Article
DOI/Identification number: 10.1111/1477-9552.12051
Subjects: H Social Sciences
Divisions: Divisions > Division of Human and Social Sciences > School of Economics
Depositing User: Iain Fraser
Date Deposited: 03 Oct 2017 15:31 UTC
Last Modified: 16 Feb 2021 13:49 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/63718 (The current URI for this page, for reference purposes)

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