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Modelling heterogeneity in response behaviour towards a sequence of discrete choice questions: a latent class approach

McNair, Benjamin; Hensher, David; Bennett, Jeff

Description

There is a growing body of evidence in the non-market valuation literature suggesting that responses to a sequence of discrete choice questions tend to violate the assumptions typically made by analysts regarding independence of responses and stability of preferences. Heuristics such as value learning and strategic misrepresentation have been offered as explanations for these results. While a few studies have tested these heuristics as competing hypotheses, none have investigated the...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Working/Technical Paper
URI: http://hdl.handle.net/10440/1114
http://digitalcollections.anu.edu.au/handle/10440/1114

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