EconPapers    
Economics at your fingertips  
 

Visual versus Text Attribute Representation in Choice Experiments

Karen DeLong, Konstantinos G. Syrengelas, Carola Grebitus () and Rodolfo Nayga ()

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2021, vol. 94, issue C

Abstract: We examine the impact of attribute representation format in choice experiments on willingness to pay (WTP), and serial stated attribute non-attendance. Subjects in an online choice experiment were randomly assigned to a Visual or Text Treatment. Participants in both treatments were given the same choice sets but those in the Visual Treatment were shown pictures of the product alternatives in the choice sets as they would appear in a grocery store, while those in the Text Treatment were presented with text descriptions. Results from random parameters logit models accounting for serial stated attribute non-attendance show that more attributes were significant in the Text Treatment than the Visual Treatment, and among variables significant in both treatments, attribute WTP was higher in the Text Treatment than in the Visual Treatment. Hence, the attribute representation format should be considered when designing choice experiments.

Keywords: Attribute non-attendance (ANA); Discrete Choice Experiment; Willingness to Pay; Presentation Format (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2214804321000690
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:94:y:2021:i:c:s2214804321000690

DOI: 10.1016/j.socec.2021.101729

Access Statistics for this article

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza

More articles in Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2024-12-28
Handle: RePEc:eee:soceco:v:94:y:2021:i:c:s2214804321000690
            
pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy