Learning, fatigue and preference formation in discrete choice experiments

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2015
Volume: 119
Issue: C
Pages: 345-363

Authors (4)

Campbell, Danny (University of Stirling) Boeri, Marco Doherty, Edel (not in RePEc) George Hutchinson, W. (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

While the repeated nature of discrete choice experiments is advantageous from a sampling efficiency perspective, patterns of choice may differ across the tasks, due, in part, to learning and fatigue. Using probabilistic decision process models, we find in a field study that learning and fatigue behavior may only be exhibited by a small subset of respondents. Most respondents in our sample show preference and variance stability consistent with rational pre-existent and well formed preferences. Nearly all of the remainder exhibit both learning and fatigue effects. An important aspect of our approach is that it enables learning and fatigue effects to be explored, even though they were not envisaged during survey design or data collection.

Technical Details

RePEc Handle
repec:eee:jeborg:v:119:y:2015:i:c:p:345-363
Journal Field
Theory
Author Count
4
Added to Database
2026-01-24