Having two monetary variables in a discrete choice experimen
Posted: Fri May 26, 2023 3:21 pm
Hello !
I am working on a research project to understand the obstacles to repair household appliances using a DCE.
There are two monetary attributes that need to be considered;
- the cost of repair
- the repair bonus (a financial bonus applied by the government to encourage repair)
Is it possible to have two monetary attributes in a DCE ?
Would this mean that I can calculate two WTP? One relative to cost of repair and the other one relative to the repair bonus ?
Thank you in advance
I am working on a research project to understand the obstacles to repair household appliances using a DCE.
There are two monetary attributes that need to be considered;
- the cost of repair
- the repair bonus (a financial bonus applied by the government to encourage repair)
Is it possible to have two monetary attributes in a DCE ?
Would this mean that I can calculate two WTP? One relative to cost of repair and the other one relative to the repair bonus ?
Thank you in advance