Abstract
In the current study, we explore the potential impact of using different opt-out definitions in a case study concerning consumer preferences for quality and food safety attributes in chicken fillets. Specifically, we focus on the impact on opt-out effects. Using three different opt-out definitions in split samples we find a significant impact on the deterministic part of the opt-out effect whereas we find no impact on the stochastic part of the opt-out effect. Furthermore, to test for respondents' potential use of a simplifying heuristic in terms of resorting to the opt-out when choice tasks are difficult, we incorporate the utility balance between the experimentally designed alternatives in the likelihood function. We find that increased utility balance increases the opt-out effect in terms of increased likelihood of a opt-out choice when choices are difficult. Interestingly, we find that this heuristic has a larger impact when the opt-out is defined as respondents own typical (perceived) purchase than when defined as a none-of-these or a provided hypothetical alternative. We consequently stress the importance for researchers to be aware of these possible implications related to the definition of opt-out alternatives in choice experiments.
| Originalsprog | Engelsk |
|---|---|
| Publikationsdato | 2012 |
| Antal sider | 14 |
| Status | Udgivet - 2012 |
| Begivenhed | European Association of Environmental and Resource Economists - Prague, Tjekkiet Varighed: 27 jun. 2012 → 30 jun. 2012 Konferencens nummer: 19 |
Konference
| Konference | European Association of Environmental and Resource Economists |
|---|---|
| Nummer | 19 |
| Land/Område | Tjekkiet |
| By | Prague |
| Periode | 27/06/2012 → 30/06/2012 |
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