Economics, Econometrics and Finance
3 years ago

Revolutionize decision-making with new method for analyzing choices in surveys!

HAL (Le Centre pour la Communication Scientifique Directe)
Estimating discrete choice experiments : theoretical fundamentals
Benoît Chèze, Charles Collet, Anthony Paris

Paper Summary

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The article explains how researchers use econometric models to analyze choices in surveys. They focus on Discrete Choice Experiments (DCEs), where people make decisions among different options. DCEs help understand how people choose when faced with multiple alternatives. This method is useful for evaluating potential public policies before they are implemented.