Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice

We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how they p...

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Main Authors: Rose, J., Hensher, D., Greene, William, Washington, S.
Format: Journal Article
Published: 2012
Online Access:http://hdl.handle.net/20.500.11937/22419
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author Rose, J.
Hensher, D.
Greene, William
Washington, S.
author_facet Rose, J.
Hensher, D.
Greene, William
Washington, S.
author_sort Rose, J.
building Curtin Institutional Repository
collection Online Access
description We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how they process attributes of stated choice (SC) experiments. We show how information collected exogenous of the SC experiment on whether respondents either ignored or considered each attribute may be used in the estimation process, and how such information provides outputs that are IPS segment specific. We contend that accounting the inclusion/exclusion of attributes will result in behaviourally richer population parameter estimates. © 2012 Copyright Taylor and Francis Group, LLC.
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spelling curtin-20.500.11937-224192017-09-13T13:54:26Z Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice Rose, J. Hensher, D. Greene, William Washington, S. We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how they process attributes of stated choice (SC) experiments. We show how information collected exogenous of the SC experiment on whether respondents either ignored or considered each attribute may be used in the estimation process, and how such information provides outputs that are IPS segment specific. We contend that accounting the inclusion/exclusion of attributes will result in behaviourally richer population parameter estimates. © 2012 Copyright Taylor and Francis Group, LLC. 2012 Journal Article http://hdl.handle.net/20.500.11937/22419 10.1080/18128602.2010.506897 restricted
spellingShingle Rose, J.
Hensher, D.
Greene, William
Washington, S.
Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title_full Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title_fullStr Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title_full_unstemmed Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title_short Attribute exclusion strategies in airline choice: Accounting for exogenous information on decision maker processing strategies in models of discrete choice
title_sort attribute exclusion strategies in airline choice: accounting for exogenous information on decision maker processing strategies in models of discrete choice
url http://hdl.handle.net/20.500.11937/22419