On Latent class model,WTP Space,and Sign of priors
Posted: Mon Dec 02, 2024 6:30 am
1) Can we do the usual DCE estimation methods, if we use a design-of-designs approach in the post-pilot design phase in NGENE for the ''Design Model'' because we plan on doing a Latent class model later?
or alternatively, can we later perform Latent class estimation models on the post-pilot data if our Utility function in post-pilot design phase had used the usual ;eff=mnl,d , or d-efficient MNL model ?
Which is the best design model to preserve such flexibility in pre and post-pilot stage to try various estimation methods and compare them later: be it mnl, mixed or latent class... for WTP calculation?
2) Can we do bayesian estimation methods later on after final data collection, even though the design model was a simple d-efficient mnl-model
ALSO : Do we necessarily need to use bayesian priors in post-pilot if we want to try bayesian estimation methods for calculating WTP?
3) There's a way of calculating WTP through WTP space method. Can we explore it after data collection? It has a different way of writing the utility function , will that Affect our ''design model'' that we had put for ngene before data collection?
4) If we have an attribute with various kinds of facilities as levels, categorical variable that is, and we do not know which is better or worse, how then do we decide on the sign of the prior , in pre-pilot ? Should we use "none" that is no existence of any facility...as a level too then ?
or alternatively, can we later perform Latent class estimation models on the post-pilot data if our Utility function in post-pilot design phase had used the usual ;eff=mnl,d , or d-efficient MNL model ?
Which is the best design model to preserve such flexibility in pre and post-pilot stage to try various estimation methods and compare them later: be it mnl, mixed or latent class... for WTP calculation?
2) Can we do bayesian estimation methods later on after final data collection, even though the design model was a simple d-efficient mnl-model
ALSO : Do we necessarily need to use bayesian priors in post-pilot if we want to try bayesian estimation methods for calculating WTP?
3) There's a way of calculating WTP through WTP space method. Can we explore it after data collection? It has a different way of writing the utility function , will that Affect our ''design model'' that we had put for ngene before data collection?
4) If we have an attribute with various kinds of facilities as levels, categorical variable that is, and we do not know which is better or worse, how then do we decide on the sign of the prior , in pre-pilot ? Should we use "none" that is no existence of any facility...as a level too then ?