Using Elicited Choice Probabilities to Estimate Random Utility Models : Preferences for Electricity Reliability

@inproceedings{Blass2008UsingEC,
  title={Using Elicited Choice Probabilities to Estimate Random Utility Models : Preferences for Electricity Reliability},
  author={Asher A. Blass and Saul Lach},
  year={2008}
}
When data on actual choices are not available, researchers studying preferences sometimes pose choice scenarios and ask respondents to state the actions they would choose if they were to face these scenarios. The data on stated choices are then used to estimate random utility models, as if they are data on actual choices. Stated choices may differ from actual ones because researchers typically provide respondents with less information than they would have facing actual choice problems… CONTINUE READING
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