Residential Preferences Study

Creators

Arthur Caplan, Utah State UniversityFollow
Krisopher Toll, Imagine LearningFollow

Description

This study reports on estimates of residential preferences in the Mountain West region of the US. The estimates are derived from a choice experiment funded by the Utah Department of Transportation and Utah Transit Authority – an experiment based on large samples of both homeowners and renters who participated in a larger, statewide transportation study. The choice experiment and transportation study provides a rich set of household- and individual-specific demographic controls, enabling us to identify a host of factors contributing to heterogeneity in residential preferences. We leverage a percentage-change housing-cost attribute included in the experiment to obtain measures of marginal willingness to pay (MWTP) for the various residential attributes and attribute levels in our study. Our method to convert the percentage-change cost attribute to MWTP values denominated in dollars results in theoretically plausible estimates of a household’s MWTP. We find that residential preferences differ across homeowners and renters primarily with respect to intensity rather than direction. Our quantitative estimates of these preferences provide urban and regional planners with precise monetary measures of the underlying attitudes of a sizable majority of the region’s residents regarding ideal housing and neighborhood characteristics.

OCLC

1143847483

Document Type

Dataset

DCMI Type

Dataset

File Format

.csv

Viewing Instructions

All files are in .csv format. The dataset itself is the ResChoiceData.csv file. The associated codebook is the Codebook.csv file.

Publication Date

2-10-2020

Funder

Utah Agricultural Experiment Station

Publisher

Utah State University

Award Number

Utah Agricultural Experiment Station, UTAO-1334

Methodology

Data is secondary, compiled in comma-separated values (CSV) format. The original data source is the Utah Department of Transportation’s (UDOT’s) 2012 Utah Travel Study. The data was provided to us by the Resource Systems Group, Inc., Salt Lake City, Utah.

Referenced by

Arthur J Caplan, Kristopher Toll and Sherzod B Akhundjanov. "Measuring Household Preferences for Location-Based Housing Attributes v9.pdf" (2020) Available at: http://works.bepress.com/arthur_caplan/134/

Arthur J. Caplan, Kristopher Toll and Sherzod B Akhundjanov. "Measuring Household Preferences for Location-Based Housing Attributes (Appendices)" (2020) Available at: http://works.bepress.com/arthur_caplan/135/

Start Date

3-1-2012

End Date

7-31-2012

Language

eng

Code Lists

See Codebook.csv file

Missing data is denoted by a blank space.

Comments

The original data was derived from the Utah Department of Transportation’s (UDOT’s) 2012 Utah Travel Study. The data was provided to us by the Resource Systems Group, Inc., Salt Lake City, Utah.

Disciplines

Economics

License

This work is licensed under a Creative Commons Attribution 4.0 License.

Identifier

https://doi.org/10.26078/8m95-t167

Recommended Citation

Kaplan, A., & Toff, K. (2020). Residential Preferences Study. Utah State University. https://doi.org/10.26078/8M95-T167

Checksum

59be8bbc8a8f94947d8e3b66372be3b2