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Sorry, I am a bit confused because I have not worked with a choice experiment with a well defined status quo. These are unlabeled alternatives.

When I look at the estimates from a 2-class I see the following:

In each class, estimated coefficients on the status quo dummy variable, price, and the ...

Hi Michiel,

Yes, each respondent had a choice between three alternatives, choice 1, choice 2, and a status quo.

In this very hastily written equation: choice = b1*statusquo + b2*v1 + b3*v2 + b4*v3 +b5*pricepermonth + b0 + eps

- choice is a binary variable equal to 0 if an alternative (choice 1 ...

Hi all,

I am using some choice experiment data in which the choice model is as follows:

choice = b1*statusquo + b2*v1 + b3*v2 + b4*v3 +b5*pricepermonth + b0 + eps

I am running latent class models and in most 2-class models there is a class whose price per month coefficient is positive and ...

That makes sense, thank you for your help

Thanks so much! That is really helpful. One thing I didn't clarify in my earlier post is that although the WTP in the sample with more comparisons between close $ values is much lower than in the other sample, they are still statistically and economically significant. That's why my first thought was ...

Hi all,

I am working with two sets of data, both samples of the same population. For each sample, I conducted a choice experiment with a cost attribute roughly centered around $5. In one (sample 1), the spread of the attribute was slightly lower, and the design was such that people made comparisons ...

Thanks so much for the advice! So essentially you lose the ability to claim anything about the properties of the design (e.g. we use a d-optimal design) but there isn't a need for worry regarding reporting model results.

Hi all,

Apologies if this has been covered elsewhere but it's difficult to search for.

What kinds of problems occur if you make a mistake when putting a design into a survey?

A specific example: In a design with 4 blocks and 4 questions per block, block 1 question 1 is substituted for block 2 ...