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The Policy Function of a Discrete-Choice Problem is a Random Number Generator

✍ Scribed by Takashi Kamihigashi

Book ID
108566464
Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
752 KB
Volume
51
Category
Article
ISSN
1352-4739

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Optimising the design of discrete choice experiments (DCE) involves maximising not only the statistical efficiency, but also how the nature and complexity of the experiment itself affects model parameters and variance. The present paper contributes by investigating the impact of the number of DCE ch