TY  - JOUR
AU  - Blass,Asher A.
AU  - Lach,Saul
AU  - Manski,Charles F.
TI  - Using Elicited Choice Probabilities to Estimate Random Utility Models: Preferences for Electricity Reliability
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 14451
PY  - 2008
Y2  - October 2008
UR  - http://www.nber.org/papers/w14451
L1  - http://www.nber.org/papers/w14451.pdf
N1  - Author contact info:
Asher Blass
ERCG, Ltd.
Jerusalem, Israel
E-Mail: Asher@ercg.co.il

Saul Lach
Department of Economics
Hebrew University
Jerusalem, 91905
ISRAEL
Tel: 972-2-5883253
Fax: 972-2-5816071
E-Mail: saul.lach@huji.ac.il

Charles F. Manski
Department of Economics
Northwestern University
2001 Sheridan Road
Evanston, IL  60208
Tel: 847/491-8223
Fax: 847/491-7001
E-Mail: cfmanski@northwestern.edu
AB  - When data on actual choices are not available, researchers studying preferences sometimes pose choice scenarios and ask respondents to state the actions they would choose if they were to face these scenarios. The data on stated choices are then used to estimate random utility models, as if they are data on actual choices. Stated choices may differ from actual ones because researchers typically provide respondents with less information than they would have facing actual choice problems. Elicitation of choice probabilities overcomes this problem by permitting respondents to express uncertainty about their behavior. This paper shows how to use elicited choice probabilities to estimate random utility models with random coefficients and applies the methodology to estimate preferences for electricity reliability in Israel.
ER  -