My SBCA slides stunk but I think I delivered on emphasizing a stated preference “robustness check” – InvestingsDontLie

0

by

InvestingsDontLie

Home / Editor's Pick / My SBCA slides stunk but I think I delivered on emphasizing a stated preference “robustness check”

13

My SBCA slides stunk but I think I delivered on emphasizing a stated preference “robustness check”

by

I presented a paper at the SBCA meetings yesterday. The study was internally funded so I’ve been asked to present on-campus a couple of times. I started out with Google Slides for some reason (we’re a Google campus but that is not a constraint). That was a mistake. I didn’t have time to redo the slides in Powerpoint for the SBCA so I just edited the Google slides. The SBCA asked for the slides in PDF so I obliged. The PDF shrunk the slides to about 65% of the screen somehow (see below, with an added border). What? I wanted to try my Google Slides but our session was on Zoom so transition was time consuming so I just said let’s go with the PDF.

If you are wondering what I might have said … the main point of the presentation is that if you are using stated preference data and aren’t testing for attribute non-attendance (ANA) then you are missing an important robustness check (I recently realized that I need to use the “robustness check” language to get some people’s attention ([e.g., age < 40]). Our WTP estimates are cut in half when we use equality-constrained latent class models with ANA on the cost amount and scope variables. I have a list of about 5 papers I hope to write in the next year that pushes this point.

Bottom line: add this to the list of ways I’ve embarrassed myself at conferences.

Here is the presentation: Download SLR Whitehead

What's your reaction?

Post a Comment cancel reply

Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success, writes Ryan McMaken.See here, here, and here for more

Government likes to put out lots of data showing things like income and employment for huge numbers of people. The problem is, this tells us almost nothing about how real-life people are hurt or helped by government intervention, writes Gary

In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise, writes Andrew Syrios.This audio Mises Daily is

The Europeans have decided to limit funding and credit extended to the Greeks. This puts the Greek financial system under pressure, but there are free-market solutions that could set the Greeks on the path to a sound economy, writes Frank

Many have tried to create a division between "political freedom" and "economic freedom." But all freedoms ultimately depend on economic freedom, and our view of economic exchange dictates our view of politics, writes Patrick Barron.This audio Mises Daily is narrated

The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more

We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate, writes Thorsten Polleit.This

Natural rights are fundamentally different from goods and services. Judge Napolitano explains in his new book how the acquisition of a mere service — security — cannot be based on the destruction of rights, which cannot be traded away, writes

Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in, writes Antony Mueller.This audio Mises Daily is

Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability, writes Shawn Ritenour.This audio Mises Daily