Efficient Versus Non-efficient Stated Choice Designs: A Comparison in a Mode Choice Context
Journal title SCIENZE REGIONALI
Author/s Concepciòn Romàn, Juan Carlos Martìn, Raquel Espino, Ana Isabel Arencibia
Publishing Year 2012 Issue 2012/3 Language English
Pages 19 P. 31-49 File size 1541 KB
DOI 10.3280/SCRE2012-003003
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This paper evaluates efficiency gains produced by efficient designs to analyze Stated Choice (SC) data. Based on an empirical experiment, conducted in the context of the choice between taking the plane or the new high speed train on the Madrid-Barcelona route, we compare the performance of this design with that of the efficient design obtained through minimization of the D-error, considering different modelling strategies. The results of the analysis demonstrate that substantial gains in the significance level of the parameter estimates could have been attained if the efficient design had been used to analyze SC data.
Keywords: Stated choice data, efficient designs, discrete choice models.
Jel codes: R41, C25
Concepciòn Romàn, Juan Carlos Martìn, Raquel Espino, Ana Isabel Arencibia, Efficient Versus Non-efficient Stated Choice Designs: A Comparison in a Mode Choice Context in "SCIENZE REGIONALI " 3/2012, pp 31-49, DOI: 10.3280/SCRE2012-003003