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Validity and Reliability

In: Environmental Valuation with Discrete Choice Experiments

Author

Listed:
  • Petr Mariel

    (University of the Basque Country, UPV/EHU)

  • David Hoyos

    (University of the Basque Country, UPV/EHU)

  • Jürgen Meyerhoff

    (Technische Universität Berlin)

  • Mikolaj Czajkowski

    (University of Warsaw)

  • Thijs Dekker

    (University of Leeds)

  • Klaus Glenk

    (Department of Rural Economy, Environment and Society)

  • Jette Bredahl Jacobsen

    (University of Copenhagen)

  • Ulf Liebe

    (University of Warwick)

  • Søren Bøye Olsen

    (University of Copenhagen)

  • Julian Sagebiel

    (Swedish University of Agricultural Sciences)

  • Mara Thiene

    (University of Padua)

Abstract

This chapter concerns different aspects of validity and reliability of a discrete choice experiment. Firstly, it focuses on three essential concepts for assessing the validity of the welfare estimates obtained in the choice experiment, namely content, construct and criterion validity. Secondly, it discusses how the reliability of the recorded choices can be assessed. It then discusses issues related to model comparison and selection. Finally, it addresses prediction in discrete choice models as a way to assess the quality of a model.

Suggested Citation

  • Petr Mariel & David Hoyos & Jürgen Meyerhoff & Mikolaj Czajkowski & Thijs Dekker & Klaus Glenk & Jette Bredahl Jacobsen & Ulf Liebe & Søren Bøye Olsen & Julian Sagebiel & Mara Thiene, 2021. "Validity and Reliability," SpringerBriefs in Economics, in: Environmental Valuation with Discrete Choice Experiments, chapter 0, pages 111-123, Springer.
  • Handle: RePEc:spr:spbchp:978-3-030-62669-3_8
    DOI: 10.1007/978-3-030-62669-3_8
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    Cited by:

    1. Frings, Oliver & Abildtrup, Jens & Montagné-Huck, Claire & Gorel, Salomé & Stenger, Anne, 2023. "Do individual PES buyers care about additionality and free-riding? A choice experiment," Ecological Economics, Elsevier, vol. 213(C).
    2. Haghani, Milad & Bliemer, Michiel C.J. & Rose, John M. & Oppewal, Harmen & Lancsar, Emily, 2021. "Hypothetical bias in stated choice experiments: Part II. Conceptualisation of external validity, sources and explanations of bias and effectiveness of mitigation methods," Journal of choice modelling, Elsevier, vol. 41(C).

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