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2002-15

On the Empirical Relevance of Optimal Designs for the Measurement of Preferences

by Grossmann, H., Holling, H., Grasshoff, U., Schwabe, R..


Series: 2002-15, Preprints

MSC:
62K05 Optimal designs
62J15 Paired and multiple comparisons

Abstract:
The paper presents an application of optimal designs to the
measurement of preferences. Optimal designs are compared to
more common design strategies in two experiments. Taking
a new perspective for investigating the differences
between designs, efficiency gains can be grasped more
easily. Both experiments demonstrate thet the improvement
of designs is not only a matter of academic interest but
also of empirical relevance.

Keywords:
paired comparisons, optimal design, stochastic distance optimality, partial profile