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We vary the complexity of choice sets used in stated preference methods to evaluate the impact on choice consistency.
Travel time reporting is typically subject to errors and this paper focuses on the mitigation of their impact on choice models.
Price has a substantive impact on choice alone, while a strong brand name is helpful for the service provider only in the consideration stage.
We find that: (i) all of our measures of choice set complexity affect choice consistency, (ii) changes in the correlational structure of information have the largest impact on choice consistency, and (iii) choice complexity significantly distorts welfare estimates.
Misidentifying species within MTBC has limited impact on choice of treatment, except that M. bovis is known to be intrinsically resistant to pyrazinamide and some substrains of the Bacille Calmette Guérin strain of M. bovis are known to be resistant to isoniazid.
The other attributes instead prove to have a positive impact on choice.
Similar(39)
The complexity of decision task has a direct impact on choices.
The stories surrounding first pregnancies imply their experience would impact on choices for the future.
Most of the studies that did not report on any of these core attributes only reported the impact on choices or uptake of treatment, without any examination of whether the change in rates reflected an increase or decrease in concordance.
Therefore, removing it from any compound should have no impact on choices: The participants' behavior should be largely similar when deciding between AB and CE and when deciding between AB and C.
In contrast, when consumers' regulatory orientations are prevention-focused, an increase in assortment size can have positive impacts on choice confidence levels and choice likelihood irrespective of whether the assortment is alignable or non-alignable.
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