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Publication Type
Journal Article
Authorship
Lloyd-Smith, P.
Title
Multi-level regression and post-stratification for discrete choice modelling and stated preference research
Year
2026
Publication Outlet
Journal of Environmental Economics and Management, Volume 138, 2026,103315
DOI
ISSN
0095-0696
Citation
Lloyd-Smith, P. (2026) Multi-level regression and post-stratification for discrete choice modelling and stated preference research,
Journal of Environmental Economics and Management, Volume 138, 2026,103315,
https://doi.org/10.1016/j.jeem.2026.103315
Abstract
Obtaining valid answers from respondents has been a central concern of stated preference (SP) studies. In contrast, sample representativeness is the main focus of current public polling accuracy debates, largely due to declining survey response rates. We introduce the multi-level regression and post-stratification (MRP) modelling approach to welfare estimation using discrete choice models. Through Monte Carlo simulations and two water resource valuation surveys, we demonstrate how MRP can help researchers to (i) generate population-relevant welfare measures from non-representative samples, (ii) estimate preference heterogeneity and distributional impacts across people, and (iii) evaluate the impacts of removing potentially invalid responses using a consistent target population frame. We propose MRP as a complementary modelling approach for non-market valuation data and discuss its opportunities and limitations.