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Using an integrated choice and latent variable model to understand the impact of “professional” respondents in a stated preference survey
University of Stirling, Stirling Management School, Economics Division, United Kingdom.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics. Umeå University, Faculty of Social Sciences, Centre for Environmental and Resource Economics (CERE).ORCID iD: 0000-0002-5187-4280
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics. Umeå University, Faculty of Social Sciences, Centre for Environmental and Resource Economics (CERE).
2020 (English)In: Resources and Energy Economics, ISSN 0928-7655, E-ISSN 1873-0221, Vol. 61, article id 101178Article in journal (Refereed) Published
Abstract [en]

Internet panels are increasingly used for stated preference research. Because members of such panels receive compensation for each completed survey, one concern is that over time this creates professional respondents who answer surveys solely for the monetary compensation. We identify professional respondents using data on panel tenure, survey response frequency, completion rate and total number of completed surveys. We find evidence of two types of professional respondents: “hyperactives” who answer surveys frequently and “experienced” who have long panel tenure and a large number of completed surveys. Using an integrated choice and latent variable model on stated preference survey data, we find that “hyperactive” respondents are less likely to choose the 'status quo’ and have a more stochastic choice process as seen from the econometrician's point of view, whereas “experienced” respondents have a relatively more deterministic choice process. Our results show that “hyperactive” respondents significantly impact estimated values.

Place, publisher, year, edition, pages
Elsevier, 2020. Vol. 61, article id 101178
Keywords [en]
Professional respondents, Internet panels, Discrete choice experiments, Integrated choice and latent variable model
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-172003DOI: 10.1016/j.reseneeco.2020.101178ISI: 000558497200002Scopus ID: 2-s2.0-85086501449OAI: oai:DiVA.org:umu-172003DiVA, id: diva2:1439722
Funder
The Jan Wallander and Tom Hedelius FoundationAvailable from: 2020-06-12 Created: 2020-06-12 Last updated: 2021-01-26Bibliographically approved

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Persson, LarsBroberg, Thomas

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CiteExportLink to record
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