Estimation and Analysis of Preference Heterogeneity in Residential Choice Behaviour

Estimation and Analysis of Preference Heterogeneity in Residential Choice Behaviour
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DOI:
10.1177/0042098010363498
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发表时间:
2011-02-01
期刊:
影响因子:
4.7
通讯作者:
Hoshino, Tadao
Hoshino, Tadao
中科院分区:
经济学2区
文献类型:
--
作者:
Hoshino, Tadao

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有效和高效地规划和开发居住环境需要澄清居住偏好的性质。在现实中,居住偏好是不同的,因此只假设一种偏好的标准计量经济模型并不是最优的。本研究采用联合选择实验方法,采用混合Logit方法。研究结果显示,在一些住宅属性方面存在显著的异质性。通过对被异质性评价的属性进行回归分析,研究了偏好异质性的决定因素。总体而言,所观察到的解释变量与估值异质性之间的关系是可以理解的。然而,每个模型的决定系数都很低,这表明大部分偏好异质性是由不可观察的因素造成的。
Effective and efficient planning and development of residential environments require clarifying the nature of residential preferences. In reality, residential preferences are heterogeneous, so the standard econometric models that assume only one type of preference are not optimal. In this study, conjoint choice experiment methods are employed with a mixed logit approach. The findings reveal significant heterogeneity with regard to some residential attributes. The determinants of preference heterogeneity were also investigated by conducting regression analyses on the attributes that were valued heterogeneously. Overall, the relationships observed between the explanatory variables and the heterogeneity in the valuations were understandable. However, coefficient of determination values for each model were low, indicating that the bulk of preference heterogeneity results from unobservable factors.