Dear all,
I have questions about appropriate sample sizes and blocks. Let me describe my survey:
Choice tasks and possible sample size
I have 60 choice tasks.
I will possibly have around 500 respondents.
Three alternatives
Alt1: product (unlabeled)
Alt2: product (unlabeled)
Alt3: neither (I would not choose option A and B)
Three attributes
Att1: a generic attribute measured by percentage, two levels, [20%, 30%]
Att2: a generic discrete attribute, five levels, [0, 1, 2, 3, 4]
Att3: price, three levels, [$20, $30, $40]
Case 1. If I use 4 blocks, each respondent will answer 15 choice tasks (=60/4). Each block has 125 respondents (=500/4).
Case 2. If I use 5 blocks, each respondent will answer 12 choice tasks (=60/5). Each block has 100 respondents (=500/5).
Model
I plan to use a mixed multinomial logit model (MMNL). I have an interest in main effects. But I also plan to consider the interaction between an attribute and a respondent characteristic (respondent characteristic is a continuous variable).
Questions
Question 1. Are Cases 1 and 2 good regarding the sample size and the number of blocks?
Question 2. If both Cases 1 and 2 are reasonable, which one is preferred?
Any feedback would be appreciated. Thank you.
(For information, about the same survey, I posted another topic in the forum: Choice experiments - Ngene. But I am posting this topic separately here because this question is about choice experiments in general).