Accounting for preference seperability in stated choice experiments

Funding: 2017: $136,597
2018: $120,000
2016: $113,874
2017: $136,597
2018: $120,000
2016: $113,874

Funding or Partner Organisation: Australian Research Council (ARC Discovery Projects)
Australian Research Council (ARC Discovery Projects)

Start year: 2016

Summary: Accounting for preference seperability in stated choice experiments. This project aims to unite three separate streams of applied economic research into a single framework in order to develop a micro-economically consistent framework for demand forecasting and analysis. Forecasting demand to improve product performance or policy impacts requires realistic representations of how humans actually make choices. Combining theories of preference separability with recent developments in both activity and time use modelling and stated choice techniques, the project plans to develop new insights into consumer equilibrium as well as new econometric methods to test for the assumption of preference separability. Project outcomes would lead to an improved understanding of consumer behaviour as well as demand forecasting, with benefits to studies involving the need for benefit cost comparisons.

FOR Codes: Applied Economics not elsewhere classified, Expanding Knowledge in Economics, Applied economics not elsewhere classified

Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.