Incorrectly accounting for preference heterogeneity in choice experiments: Implications for welfare measurement
The impact of the approach used to describe preference heterogeneity on welfare measures has been widely studied by the academic community. However, the question as to the degree of error in welfare estimation from an inappropriate choice of empirical approach has not been addressed yet. In this pap...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Universitat Politècnica de València
2014-12-01
|
Series: | Economía Agraria y Recursos Naturales |
Subjects: | |
Online Access: | https://polipapers.upv.es/index.php/EARN/article/view/4872 |