How Closely Do Hypothetical Surveys and Laboratory Experiments Predict Field Behavior?
How Closely Do Hypothetical Surveys and Laboratory Experiments Predict Field Behavior?
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DOI:
10.1111/j.1467-8276.2008.01242.x
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发表时间:
2009-05-01
影响因子:
4.2
通讯作者:
Norwood, F. Bailey
中科院分区:
文献类型:
--
作者:
Chang, Jae Bong;Lusk, Jayson L.;Norwood, F. Bailey
We compare the ability of three preference elicitation methods (hypothetical choices, nonhypothetical choices, and nonhypothetical rankings) and three discrete-choice econometric models (the multinomial logit [MNL], the independent availability logit [IAL], and the random parameter logit [RPL]) to predict actual retail shopping behavior in three different product categories (ground beef, wheat flour, and dishwashing liquid). Overall, we find a high level of external validity. Our specific results suggest that the nonhypothetical elicitation approaches, especially the nonhypothetical ranking method, outperformed the hypothetical choice experiment in predicting retail sales. We also find that the RPL can have superior predictive performance, but that the MNL predicts equally well in some circumstances.