nep-dcm New Economics Papers
on Discrete Choice Models
Issue of 2016‒01‒29
four papers chosen by
Edoardo Marcucci
Università degli studi Roma Tre

  1. A simple method to account for spatially-different preferences in discrete choice experiments By Sagebiel, Julian; Glenk, Klaus; Meyerhoff, Jürgen
  2. Labor Market Policies and Self-Employment Transitions of Older Workers By Dimitris Christelis; Raquel Fonseca
  3. Consumer Preferences for Sirloin Steak: The Influence of Tasting By Johnson, Myriah; Palma, Marco; Miller, Rhonda; Morrill, Jessie; Anderson, David; Sawyer, Jason; Wickersham, Tryon; Richardson, James
  4. Assessing the Values of Archaeological Heritage By Isabel Mendes

  1. By: Sagebiel, Julian; Glenk, Klaus; Meyerhoff, Jürgen
    Keywords: Agricultural and Food Policy,
    Date: 2015
  2. By: Dimitris Christelis; Raquel Fonseca
    Abstract: We study transitions in and out of self-employment of older individuals using internationally comparable survey data from 13 OECD countries. We compute selfemployment transitions as conditional probabilities arising from a discrete choice panel data model. We examine the influence on self-employment transitions of labor market policies and institutional factors (employment protection legislation, spending on employment and early retirement incentives, unemployment benefits, strength of the rule of law), as well as individual characteristics like physical and mental health. Selfemployment is strongly affected by government policies: larger expenditures on employment incentives impact it positively, while the opposite is true for expenditures on early retirement and unemployment benefits.
    Keywords: self-employment, transitions, ageing, labor policies, panel data
    JEL: J21 J24 C4
    Date: 2015
  3. By: Johnson, Myriah; Palma, Marco; Miller, Rhonda; Morrill, Jessie; Anderson, David; Sawyer, Jason; Wickersham, Tryon; Richardson, James
    Abstract: The objective of this research was to determine consumer preferences for tenderness, quality grade, origin, use of growth technologies, and price of beef, sirloin steak, specifically. Two hundred twenty three consumers participated. Of these, 96 consumers participated in a sensory tasting panel for sirloin steak before completing a choice set survey while the remaining 127 completed the choice set survey. A structural difference was found in the results between the two groups. The eating experience was found to be critical, altering the preferences of consumers. Consumers overstated their willingness-to-pay (WTP) for credence attributes before tasting the product. After tasting products, factors that influence the eating experience (tenderness, quality grade) still dominated as the most important and influential attributes on WTP. The lack of WTP premium or discount from the no tasting group for beef quality grade may indicate a lack of knowledge about the meaning of the grade terms “choice” and “select.” Sensory panel participants reported a significant WTP premium for Choice indicating they value that quality when they eat it. The use of no hormones and no antibiotics in production had a premium of $2.34/kg among the no tasting group, but after tasting the premium was reduced to $1.19/kg.
    Keywords: Consumer Willingness-to-Pay (WTP), Beef, Consumer Preference, Discrete Choice Experiment, Cattle, Consumer/Household Economics, Institutional and Behavioral Economics, Livestock Production/Industries, Marketing,
    Date: 2016
  4. By: Isabel Mendes
    Abstract: The main aim of this paper involves contributing to the discussion around the value of archaeological heritage through the lens of an economist. The path taken to achieve this main goal included three objectives. Firstly, there is the contribution towards clarifying the concept of archaeological heritage benefits by highlighting the complexity that stems directly from its holistic characteristic. Secondly, this also contributes to assessments of archaeological heritage economic and social benefits and values by demonstrating how they may be captured by means of a single variable measured in monetary units. Furthermore, and thirdly, this then helps explain how such a monetary variable may prove of use both to cultural heritage management for sustainable preservation and conservation improvement, and to the appraisal of the total private and public benefits arising out of preservation and conservation archaeologic heritage programs. Key Words – Archaeological Heritage; Multi Values; Market and Non-Market Benefits;Valuation; Preference-Based Methods.
    JEL: Z1 D11
    Date: 2016–01

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