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Inferred vs stated attribute non-attendance in choice experiments: a study of doctors' prescription behaviour

Hole, A.R., Kolstad, J.R. and Gyrd-Hansen, D. (2012) Inferred vs stated attribute non-attendance in choice experiments: a study of doctors' prescription behaviour. Working Paper. Sheffield Economic Research Paper Series . Department of Economics, University of Sheffield ISSN 1749-8368

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Abstract

It is increasingly recognised that respondents to choice experiments employ heuristics such as attribute non-attendance (ANA) to simplify the choice tasks. This paper develops an econometric model which incorporates preference heterogeneity among respondents with different attribute processing strategies and allows the ANA probabilities to depend on the respondents' stated non-attendance. We find evidence that stated ANA is a useful indicator of the prevalence of nonattendance in the data. Contrary to previous papers in the literature we find that willingness to pay estimates derived from models which account for ANA are similar to the standard logit estimates.

Item Type: Monograph (Working Paper)
Copyright, Publisher and Additional Information: The Sheffield Economics Research Paper (SERP) series offers a forum for the research output of the academic staff and research students of the Department of Economics, University of Sheffield. Papers are reviewed for quality and presentation by a departmental editor. However, the contents and opinions expressed remain the responsibility of the authors. All papers may be downloaded free on the understanding that the contents are preliminary and therefore permission from the author(s) should be sought before they are referenced.
Keywords: Choice experiment; attribute non-attendance
Institution: The University of Sheffield
Academic Units: The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) > Sheffield Economics Research Papers Series
Depositing User: Miss Anthea Tucker
Date Deposited: 04 May 2012 15:48
Last Modified: 08 Jun 2014 13:41
Published Version: http://www.shef.ac.uk/economics/research/serps/yea...
Status: Published
Publisher: Department of Economics, University of Sheffield
Identification Number: 2012010
URI: http://eprints.whiterose.ac.uk/id/eprint/43890

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