Capturing Perception to Poverty using Conjoint Analysis & Partial Profile Choice Experiment

Fuente: arXiv
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Main Authors: De, Anushka, Mukherjee, Diganta
Format: Preprint
Published: 2024
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_version_ 1866914973264904192
author De, Anushka
Mukherjee, Diganta
author_facet De, Anushka
Mukherjee, Diganta
contents The objective of this study is applying a utility based analysis to a comparatively efficient design experiment which can capture people's perception towards the various components of a commodity. Here we studied the multi-dimensional poverty index and the relative importance of its components and their two-factor interaction effects. We also discussed how to model a choice based conjoint data for determining the utility of the components and their interactions. Empirical results from survey data shows the nature of coefficients, in terms of utility derived by the individuals, their statistical significance and validity in the present framework. There has been some discrepancies in the results between the bootstrap model and the original model, which can be understood by surveying more people, and ensuring comparative homogeneity in the data.
format Preprint
id arxiv_https___arxiv_org_abs_2410_11398
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Capturing Perception to Poverty using Conjoint Analysis & Partial Profile Choice Experiment
De, Anushka
Mukherjee, Diganta
Applications
General Economics
Economics
The objective of this study is applying a utility based analysis to a comparatively efficient design experiment which can capture people's perception towards the various components of a commodity. Here we studied the multi-dimensional poverty index and the relative importance of its components and their two-factor interaction effects. We also discussed how to model a choice based conjoint data for determining the utility of the components and their interactions. Empirical results from survey data shows the nature of coefficients, in terms of utility derived by the individuals, their statistical significance and validity in the present framework. There has been some discrepancies in the results between the bootstrap model and the original model, which can be understood by surveying more people, and ensuring comparative homogeneity in the data.
title Capturing Perception to Poverty using Conjoint Analysis & Partial Profile Choice Experiment
topic Applications
General Economics
Economics
url https://arxiv.org/abs/2410.11398