11,683 research outputs found

    A comparison of responses to single and repeated discrete choice questions

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    According to neoclassical economic theory, a stated preference elicitation format comprising a single binary choice between the status quo and one alternative is incentive compatible under certain conditions. Formats typically used in choice experiments comprising a sequence of discrete choice questions do not hold this property. In this paper, the effect on stated preferences of expanding the number of binary choice tasks per respondent from one to four is tested using a split sample treatment in an attribute-based survey relating to the undergrounding of overhead electricity and telecommunications wires. We find evidence to suggest that presenting multiple choice tasks per respondent decreases estimates of expected willingness to pay. Preferences stated in the first of a sequence of choice tasks are not significantly different from those stated in the incentive compatible single binary choice task, but, in subsequent choice tasks, responses are influenced by cost levels observed in past questions. Three behavioural explanations can be advanced – weak strategic misrepresentation, reference point revision and cost-driven value learning. The evidence is contrary to the standard assumption of truthful response with stable preferences.Choice experiment; willingness-to-pay; incentive compatibility; order effects; undergrounding

    Modelling heterogeneity in response behaviour towards a sequence of discrete choice questions: a probabilistic decision process model

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    There is a growing body of evidence in the non-market valuation literature suggesting that responses to a sequence of discrete choice questions tend to violate the assumptions typically made by analysts regarding independence of responses and stability of preferences. Decision processes (or heuristics) such as value learning and strategic misrepresentation have been offered as explanations for these results. While a few studies have tested these heuristics as competing hypotheses, none has investigated the possibility that each explains the response behaviour of a subgroup of the population. In this paper, we make a contribution towards addressing this research gap by presenting a probabilistic decision process model designed to estimate the proportion of respondents employing defined heuristics. We demonstrate the model on binary and multinomial choice data sources and find three distinct types of response behaviour. The results suggest that accounting for heterogeneity in response behaviour may be a better way forward than attempting to identify a single heuristic to explain the behaviour of all respondents.Choice experiment, decision process, ordering effects, strategic response, willingness to pay, Research Methods/ Statistical Methods, C25, L94, Q51,

    Precision frequency measurements with interferometric weak values

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    We demonstrate an experiment which utilizes a Sagnac interferometer to measure a change in optical frequency of 129 kHz per root Hz with only 2 mW of continuous wave, single mode input power. We describe the measurement of a weak value and show how even higher frequency sensitivities may be obtained over a bandwidth of several nanometers. This technique has many possible applications, such as precision relative frequency measurements and laser locking without the use of atomic lines.Comment: 4 pages, 3 figures, published in PR

    Ultrasensitive Beam Deflection Measurement via Interferometric Weak Value Amplification

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    We report on the use of an interferometric weak value technique to amplify very small transverse deflections of an optical beam. By entangling the beam's transverse degrees of freedom with the which-path states of a Sagnac interferometer, it is possible to realize an optical amplifier for polarization independent deflections. The theory for the interferometric weak value amplification method is presented along with the experimental results, which are in good agreement. Of particular interest, we measured the angular deflection of a mirror down to 560 femtoradians and the linear travel of a piezo actuator down to 20 femtometers

    Optimizing the Signal to Noise Ratio of a Beam Deflection Measurement with Interferometric Weak Values

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    The amplification obtained using weak values is quantified through a detailed investigation of the signal to noise ratio for an optical beam deflection measurement. We show that for a given deflection, input power and beam radius, the use of interferometric weak values allows one to obtain the optimum signal to noise ratio using a coherent beam. This method has the advantage of reduced technical noise and allows for the use of detectors with a low saturation intensity. We report on an experiment which improves the signal to noise ratio for a beam deflection measurement by a factor of 54 when compared to a measurement using the same beam size and a quantum limited detector

    Investigating the use of Virtual Learning Environments by teachers in schools and colleges

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    Investigating the use of Virtual Learning Environments by teachers in schools and college
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