Extending stated choice analysis to recognise agent-specific attribute endogeneity in bilateral group negotiation and choice: a think piece |
| |
| Authors: | David A Hensher Sean M Puckett John M Rose |
| |
| Institution: | (1) Faculty of Economics and Business, Institute of Transport and Logistics Studies, The University of Sydney, Sydney, 2006, NSW, Australia |
| |
| Abstract: | This paper is a think piece on variations in the structure of stated preference studies when modelling the joint preferences
of interacting agents who have the power to influence the attribute levels on offer. The approach proposed is an extension
of standard stated choice methods, known as ‘stated endogenous attribute level’ (SEAL) analysis. It allows for interactive
agents to adjust attribute levels off a base stated choice specification that are within their control, in an effort to reach
agreement in an experimental setting. This accomplishes three goals: (1) the ability to place respondents in an environment
that more closely matches interactive settings in which some attribute levels are endogenous to a specific agent, should the
modeller wish to capture such behaviour; (2) the improved ability of the modeller to capture the behaviour in such settings,
including a greater wealth of information on the related interaction processes, rather than simply outcomes; and (3) the expansion of the set of situations that the modeller can investigate using experimental
data.
|
| |
| Keywords: | Stated choice Attribute endogeneity Agent interaction True bargaining set Equilibrium preferences |
| 本文献已被 SpringerLink 等数据库收录！ |
|
