Consumersâ€™ Stated Choices versus Purchasing Desires: Case of Hawaii Food Baskets
This article uses a case study involving Hawaii food baskets to show that although a choice based conjoint experiment can elicit respondentsâ€™ most preferred alternative, this â€œpreferredâ€ option may not be one that respondents are willing to purchase. Thus, a choice based experiment that involves hypothetical product selection may predict different behavior, depending on the type of questions asked in the survey. This study shows that follow-up questions in a conjoint survey may serve an important role in improving model fit and the comprehensiveness of behavioral prediction.
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- Lusk, Jayson L. & Roosen, Jutta & Fox, John A., 2001.
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