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Using spectral analysis and multinomial logit regression to explain households’ choice patterns

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  • Krishna Paudel
  • Mahesh Pandit
  • Michael Dunn

Abstract

Many methods are available to analyze rank-ordered data. We used spectral analysis to identify the most preferred option of Formosan subterranean termites (FSTs) control as ranked by Louisiana homeowners. Respondents were asked to rank four termite control methods from the most preferred option to the least preferred option. Spectral analysis of complete ranked data indicated that the most preferred FST control choice is a relatively cheap ($0.13/square foot) option of a liquid treatment. Similarly, analysis indicated that liquid and bait treatments are the two most desired control choices. Multinomial logit analysis indicated that survey location, household pre-tax income, and knowledge of FSTs determined Louisiana homeowners’ ranking pattern choices. Copyright Springer-Verlag 2013

Suggested Citation

  • Krishna Paudel & Mahesh Pandit & Michael Dunn, 2013. "Using spectral analysis and multinomial logit regression to explain households’ choice patterns," Empirical Economics, Springer, vol. 44(2), pages 739-760, April.
    • Handle: RePEc:spr:empeco:v:44:y:2013:i:2:p:739-760
    DOI: 10.1007/s00181-012-0558-4
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    References listed on IDEAS

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    1. Lee, Paul H. & Yu, Philip L.H., 2010. "Distance-based tree models for ranking data," Computational Statistics & Data Analysis, Elsevier, vol. 54(6), pages 1672-1682, June.
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    6. Mark Eiswerth & Wayne Johnson, 2002. "Managing Nonindigenous Invasive Species: Insights from Dynamic Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(3), pages 319-342, November.
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    Cited by:

    1. S.T, Pavan Kumar & Lahiri, Biswajit, 2023. "Conditional selection of multifactor evidence for the levels of anaemia among women of reproductive age group," Evaluation and Program Planning, Elsevier, vol. 100(C).
    2. Pandit, Mahesh & Paudel, Krishna P. & Hinson, Roger A., 2013. "Market Channel Analysis of Ornamental Plants using Clustering Procedures," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143067, Southern Agricultural Economics Association.
    3. Khalid Waleed & Faisal Mehmood Mirza, 2023. "Examining fuel choice patterns through household energy transition index: an alternative to traditional energy ladder and stacking models," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6449-6501, July.
    4. Ghimire, Ramesh & Green, Gary T. & Paudel, Krishna P. & Poudyal, Neelam C. & Cordell, H. Ken, 2017. "Visitors' Preferences for Freshwater Amenity Characteristics: Implications from the U.S. Household Survey," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(1), pages 1-24, January.
    5. Pandit, Mahesh & Paudel, Krishna P. & Hinson, Roger A., 2013. "Irrigation Water Sources And Irrigation Application Methods Used By U.S. Nursery Producers," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143058, Southern Agricultural Economics Association.

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    More about this item

    Keywords

    Complete ranked data; Formosan subterranean termite; Invasive species; Multinomial logit; Rank-ordered data; Spectral analysis; C65;
    All these keywords.

    JEL classification:

    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools

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