Model selection for the mixed logit with Bayesian estimation

K Balcombe, A Chalak, I Fraser - Journal of Environmental Economics and …, 2009 - Elsevier
In this paper, the mixed logit (ML) using Bayesian methods was employed to examine
willingness-to-pay (WTP) to consume bread produced with reduced levels of pesticides so …

A more flexible model or simply more effort? On the use of correlated random parameters in applied choice studies

P Mariel, J Meyerhoff - Ecological Economics, 2018 - Elsevier
The random parameter logit model has become the dominating model for analyzing stated
choice data in environmental valuation. The unrestricted version of the model with correlated …

Willingness-to-pay estimation with mixed logit models: some new evidence

M Sillano, J de Dios Ortúzar - Environment and Planning A, 2005 - journals.sagepub.com
Mixed-logit models are currently the state of the art in discrete-choice modelling, and their
estimation in various forms (in particular, mixing revealed-preference and stated-preference …

Interpreting correlated random parameters in choice experiments

P Mariel, A Artabe - Journal of Environmental Economics and Management, 2020 - Elsevier
The random parameter logit (RPL) model with uncorrelated coefficients is a restrictive
version of the mixed logit model, but it is one of the most frequently used models for …

Modeling disinterest and dislike: A bounded Bayesian mixed logit model of the UK market for GM food

D Rigby, M Burton - Environmental and Resource Economics, 2006 - Springer
Mixed logit models represent a powerful discrete choice analytical model but require
assumptions about the functional form of the parameter distributions. The use of unbounded …

Using Classical Simulation-Based Estimators to Estimate Individual WTP Values: A Mixed Logit Case Study of Commuters

WH Greene, DA Hensher, JM Rose - Applications of simulation methods in …, 2005 - Springer
A number of papers have recently contrasted classical inference estimation methods for logit
models with Bayesian methods. It has been argued that two particularly appealing features …

Mixed logit model performance and distributional assumptions: preferences and GM foods

D Rigby, K Balcombe, M Burton - Environmental and Resource Economics, 2009 - Springer
Using mixed logit models to analyse choice data is common but requires ex ante
specification of the functional forms of preference distributions. We make the case for greater …

Random coefficient models for stated preference surveys

DF Layton - Journal of Environmental Economics and Management, 2000 - Elsevier
This paper combines the use of random coefficient discrete choice models that allow for
correlated errors in the form of unobserved preference heterogeneity with an investigation of …

A new baseline model for estimating willingness to pay from discrete choice models

RT Carson, M Czajkowski - Journal of Environmental Economics and …, 2019 - Elsevier
We show a substantive problem exists with the widely-used ratio of coefficients approach to
calculating willingness to pay (WTP) from discrete choice models. The correctly calculated …

Estimation using contingent valuation data from a “dichotomous choice with follow-up” questionnaire: Reply

TA Cameron, J Quiggin - Journal of Environmental Economics and …, 1998 - Elsevier
Our original article proposed that the two yes–no willingness-to-pay (WTP) responses
produced by this survey format should be viewed as a pair of jointly distributed (correlated) …