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Optimal designs for discrete choice experiments in the presence of many attributes

Presented by: 
P Goos [Antwerpen]
Date: 
Wednesday 17th August 2011 - 11:45 to 12:30
Venue: 
INI Seminar Room 1
Session Title: 
Choice experiments: Experimental designs
Session Chair: 
Heiko Grossmann
Abstract: 
In a discrete choice experiment each respondent typically chooses the best product or service sequentially from many groups or choice sets of alternatives which are characterized by a number of different attributes. Respondents can find it difficult to trade off prospective products or services when every attribute of the offering changes in each comparison. Especially in studies involving many attributes, respondents get overloaded by the complexity of the choice task. To overcome respondent fatigue, it makes sense to simplify the comparison by holding some of the attributes constant in every choice set. A study in the health care literature where eleven attributes were allocated across three different experimental designs with only five attributes being varied motivates the approach we present. However, our algorithm is more general, allowing for any number of attributes and a smaller number of fixed attributes. We describe our algorithmic approach and show how the resulting design performed in our motivating example.
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Presentation Material: 
University of Cambridge Research Councils UK
    Clay Mathematics Institute London Mathematical Society NM Rothschild and Sons