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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/27126
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dc.contributor.authorSandorf, Erlend Danckeen_UK
dc.contributor.authorCampbell, Dannyen_UK
dc.date.accessioned2018-04-26T23:06:12Z-
dc.date.available2018-04-26T23:06:12Z-
dc.date.issued2019-02-01en_UK
dc.identifier.urihttp://hdl.handle.net/1893/27126-
dc.description.abstractAccumulating evidence suggests that respondents in stated choice experiments use simplifying strategies. Such behavior is a deviation from random utility theory and can lead to wrong inferences regarding preferences. This is a first attempt to systematically explore satisficing in stated choice experiments. We consider 944 satisficing rules and allow respondents to revise the rules adopted throughout the choice sequence. Only a minority of respondents used the same satisficing rule across the entire sequence. Allowing for updating reveals that the use of the heuristic changes over the choice sequence. Considering satisficing behavior leads to improved model fits and different marginal willingness-to-pay estimates.en_UK
dc.language.isoenen_UK
dc.publisherOxford University Pressen_UK
dc.relationSandorf ED & Campbell D (2019) Accommodating satisficing behaviour in stated choice experiments. European Review of Agricultural Economics, 46 (1), pp. 133-162. https://doi.org/10.1093/erae/jby021en_UK
dc.rightsThis item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is a pre-copyedited, author-produced PDF of an article accepted for publication in European Review of Agricultural Economics following peer review. The version of record Sandorf ED & Campbell D (2019) Accommodating satisficing behaviour in stated choice experiments. European Review of Agricultural Economics, 46 (1), pp. 133-162 is available online at: https://doi.org/10.1093/erae/jby021en_UK
dc.subjectrandom utility maximizationen_UK
dc.subjectsatisficingen_UK
dc.subjectstated choice experimentsen_UK
dc.titleAccommodating satisficing behaviour in stated choice experimentsen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2020-07-21en_UK
dc.rights.embargoreason[ERAE_Accepted_Manuscript.pdf] Publisher requires embargo of 24 months after formal publication.en_UK
dc.identifier.doi10.1093/erae/jby021en_UK
dc.citation.jtitleEuropean Review of Agricultural Economicsen_UK
dc.citation.issn1464-3618en_UK
dc.citation.issn0165-1587en_UK
dc.citation.volume46en_UK
dc.citation.issue1en_UK
dc.citation.spage133en_UK
dc.citation.epage162en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusAM - Accepted Manuscripten_UK
dc.author.emaildanny.campbell@stir.ac.uken_UK
dc.citation.date20/07/2018en_UK
dc.contributor.affiliationSwedish University of Agricultural Sciencesen_UK
dc.contributor.affiliationEconomicsen_UK
dc.identifier.isiWOS:000462576100007en_UK
dc.identifier.scopusid2-s2.0-85066339821en_UK
dc.identifier.wtid894726en_UK
dc.contributor.orcid0000-0001-7521-4773en_UK
dc.contributor.orcid0000-0001-7467-2318en_UK
dc.date.accepted2018-04-25en_UK
dcterms.dateAccepted2018-04-25en_UK
dc.date.filedepositdate2018-04-25en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionAMen_UK
local.rioxx.authorSandorf, Erlend Dancke|0000-0001-7521-4773en_UK
local.rioxx.authorCampbell, Danny|0000-0001-7467-2318en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2020-07-21en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2020-07-20en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2020-07-21|en_UK
local.rioxx.filenameERAE_Accepted_Manuscript.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source1464-3618en_UK
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