@article{Kerr:47623, recid = {47623}, author = {Kerr, Geoffrey N. and Sharp, Basil M.H.}, title = {Efficiency benefits of choice model experimental design updating: a case study}, address = {2009}, number = {420-2016-26715}, pages = {11}, year = {2009}, abstract = {Efficient experimental designs offer the potential to reduce confidence intervals for parameters of interest in choice models, or to reduce required sample sizes. C-efficiency recognises the salience of willingness to pay estimates rather than utility function parameters. This study reports on a choice model application that incorporated updated statistical designs based on initial responses in order to maximise C-efficiency. The revised design delivered significant improvements.}, url = {http://ageconsearch.umn.edu/record/47623}, doi = {https://doi.org/10.22004/ag.econ.47623}, }