Preference and WTP for Livestock Market Facilities – DCE Data
The data were collected in 2018 as part of a national study to elicit preferences and estimate willingness to pay (WTP) for small ruminant market facilities in Ethiopia. We used discrete choice experiments to elicit preferences from the 360 respondents across the three districts whereby we presented 12 choice situations to each of them and hence generated 4320 observations.
Steps to reproduce
Generalized multinomial logit model (GMNL) and latent class model were used to investigate preferences for the market and heterogeneities around them. We also estimated the GMNL in WTP space to estimate the WTP values for the facilities.