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Titlebook: Environmental Valuation with Discrete Choice Experiments; Guidance on Design, Petr Mariel,David Hoyos,Mara Thiene Book‘‘‘‘‘‘‘‘ 2021 The Au

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Econometric Modelling: Basics,logit model. In this context, the chapter compares different coefficient distributions to be used, addresses specifics of the cost attribute coefficient and it pays attention to potential correlations between random coefficients. Finally, topics related to the estimation procedure such as assuring its convergence or random draws are discussed.
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Econometric Modelling: Extensions,r attribute non-attendance. Other topics are anchoring and learning effects when respondents move through a sequence of choice tasks as well as different information processing strategies such as lexicographic preferences or choices based on elimination-by-aspects.
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Validity and Reliability,iscusses how the reliability of the recorded choices can be assessed. It then discusses issues related to model comparison and selection. Finally, it addresses prediction in discrete choice models as a way to assess the quality of a model.
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