Choice Certainty and Consistency in Repeated Choice Experiments

By Roy Brouwer, T. Dekker, John Rolfe, Jill Windle. 2010

160 citations recorded by the source corpus.

The main objective of this study is to examine how repeated choice affects preference learning in stated preference experiments. We test different hypotheses related to preference learning by analyzing response patterns and asking respondents in a choice experiment to report their experienced certainty when going through the choice tasks. In a split-sample test, we show that follow-up choice certainty questions are procedural invariant. The self-reported certainty results indicate that learning occurs, but econometric testing procedures do not identify any significant impact of learning effects on parameter estimates or variance across choice tasks. Additional tests of choice consistency suggest that preferences in the choice experiment are stable and coherent.

Subfields: Economics and Econometrics, General Decision Sciences, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/a939d878f6be2647d7460f363505b476785b8253

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

  1. S. B. Olsen
  2. Stephane Hess
  3. David A. Hensher
  4. Riccardo Scarpa
  5. John M. Rose
  6. N. Hanley
  7. Fredrik Carlsson
  8. M. Mørkbak

In General Decision Sciences

  1. Stephane Hess
  2. David A. Hensher
  3. S. B. Olsen
  4. Riccardo Scarpa
  5. M. Mørkbak
  6. N. Hanley
  7. Fredrik Carlsson
  8. John M. Rose

In Management, Monitoring, Policy and Law

  1. Stephane Hess
  2. S. B. Olsen
  3. David A. Hensher
  4. N. Hanley
  5. Riccardo Scarpa
  6. Fredrik Carlsson
  7. Jeffrey Bennett
  8. Roy Brouwer

Citations in the corpus