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Time-use Studies Factsheet

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Requirements:

  • Need to collect lots of new data
  • Advanced statistical knowledge and econometric modelling skills are necessary

Advantages:

  • Useful in contexts where severe income constrains makes WTP studies inappropriate (Higuera et al., 2012
  • Kenter et al., 2011).
  • Avoids incommensurability issues resulted from the assignation of monetary value to service properties that could not be monetarily measured (e.g. Garcia-Llorente et al., 2011).

Constraints:

  • WTT is unsuitable for application to cases in which the respondents have little time availability.
  • Modeling WTT processes requires the inclusion of the time availability as an explanatory variable. Therefore, a daily time analysis should be included in the questionnaire, which is however time consuming and often tiring for respondents.
  • Classical methodological biases from conventional stated preference methods could occur.

Licence:

  • Free, no licence

Development stage:

  • Full, working product
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