Comparing the Conditional Logit Estimates and True Parameters under Preference Heterogeneity: A Simulated Discrete Choice Experiment

Health preference research (HPR) is the subfield of health economics dedicated to understanding the value of health and health-related objects using observational or experimental methods. In a discrete choice experiment (DCE), the utility of objects in a choice set may differ systematically between...

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Bibliographic Details

Published in:	Econometrics
Main Authors:	Maksat Jumamyradov, Benjamin M. Craig, Murat Munkin, William Greene
Format:	Article
Language:	English
Published:	MDPI AG 2023-01-01
Subjects:	conditional logit discrete choice experiments preference heterogeneity
Online Access:	https://www.mdpi.com/2225-1146/11/1/4