Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-94fs2 Total loading time: 0 Render date: 2024-11-18T15:16:45.571Z Has data issue: false hasContentIssue false

13 - The stability of aggregate-level preferences in longitudinal discrete choice experiments

from Applications: Case 3

Published online by Cambridge University Press:  05 October 2015

Jordan J. Louviere
Affiliation:
University of South Australia
Terry N. Flynn
Affiliation:
University of Western Sydney
A. A. J. Marley
Affiliation:
University of Victoria, British Columbia
Towhidul Islam
Affiliation:
University of Guelph
Jordan J. Louviere
Affiliation:
University of South Australia
Get access

Summary

13.1 Introduction

The purpose of this chapter is to investigate the temporal stability of Case 3 best-worst scaling – that is, discrete choice experiments. Temporal stability matters, because, if the individuals who participate in DCEs significantly alter their preferences for the same choice options over time, it suggests that some time-dependent or event-associated process underlies the changes or that the participants do not or cannot produce reliable or accurate choices. We studied temporal stability by conducting four waves of DCEs for three product categories (toothpaste, laundry detergent and delivered pizzas). The survey was administered to a random sample of members of the Pureprofile online panel in Australia; the screening criterion was the purchase or use of the product to which they were assigned in the previous three to six months. The design of the DCEs was identical for each of the three products, the only differences being the particular set of attributes that pertained to each product. To anticipate our results, we find very strong aggregate preference stability across all three products.

Case 3 BWS focuses on discrete choice experiments in which the experimental task is (at a minimum) to identify the “best” and “worst” options in each choice set. DCEs were pioneered by Louviere and Woodworth (1983), and are widely used to model sample-, segment- and/or market-level preferences and choices in marketing and other fields. After almost 30 years of applications and many academic research papers on DCEs, surprisingly few papers have investigated the stability of DCE choices over time. Indeed, most external (real-market) prediction tests in marketing and other fields involved relatively short time lags between DCEs and market observations (though see McFadden and Reid, 1975), with some other tests of “back-casting” to prior observations such as scanner panel choices (for example, Swait and Andrews, 2003). So, despite academic and commercial interest in whether DCE choices are stable over repeated administration in panel or cross-sectional samples, there is little work on this topic.

When DCEs are used to forecast the likely uptake or choices of new products and/or technologies, there are time lags between DCE data collection and market introduction. Likewise, there are lags (typically shorter) between DCEs and introductions of product variants and/or changes in marketing, management or public policy manifest as changes in market offerings.

Type
Chapter
Information
Best-Worst Scaling
Theory, Methods and Applications
, pp. 265 - 277
Publisher: Cambridge University Press
Print publication year: 2015

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×