Abstract
AbstractDiscrete choice experiments have emerged as the state-of-the-art method for measuring preferences, but they are mostly used in cross-sectional studies. In seeking to make them applicable for longitudinal studies, our study addresses two common challenges: working with different respondents and handling altering attributes. We propose a sample-based longitudinal discrete choice experiment in combination with a covariate-extended hierarchical Bayes logit estimator that allows one to test the statistical significance of changes. We showcase this method’s use in studies about preferences for electric vehicles over six years and empirically observe that preferences develop in an unpredictable, non-monotonous way. We also find that inspecting only the absolute differences in preferences between samples may result in misleading inferences. Moreover, surveying a new sample produced similar results as asking the same sample of respondents over time. Finally, we experimentally test how adding or removing an attribute affects preferences for the other attributes.
Funder
Deutsche Forschungsgemeinschaft
Publisher
Springer Science and Business Media LLC
Subject
Marketing,Economics and Econometrics,Business and International Management
Reference54 articles.
1. Agarwal, J., DeSarbo, W. S., Malhotra, N. K., & Rao, V. R. (2015). An interdisciplinary review of research in conjoint analysis: recent developments and directions for future research. Customer Needs and Solutions, 2, 19–40.
2. Ambos, T. C., Cesinger, B., Eggers, F., & Kraus, S. (2019). How does de-globalization affect location decisions? A study of managerial perceptions of risk and return. Global Strategy Journal, 16, 210–236.
3. Bettman, J. R., Luce, M. F., & Payne, J. W. (1998). Constructive consumer choice processes. Journal of Consumer Research, 25, 187–217.
4. Bhattacherjee, A. (2001). Understanding information systems continuance: an expectation-confirmation model. MIS Quarterly, 25, 351–370.
5. Bradlow, E. T., Hu, Y., & Ho, T.-H. (2004). A learning-based model for imputing missing levels in partial conjoint profiles. Journal of Marketing Research, 41, 369–381.
Cited by
9 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献