Search: DCE
RBA Glossary definition for DCE
DCE – Digital currency exchange
Search Results
Data
11 Sep 2015
RDP
2015-03
The DCE was designed to limit certain biases that can be introduced when asking for stated preference data. ... shown earlier in the question or by the answer structure of the DCE).
https://www.rba.gov.au/publications/rdp/2015/2015-03/data.html
Literature
11 Sep 2015
RDP
2015-03
To the best of our knowledge, this paper presents the first use of DCE and contingent valuation techniques in valuing card payments. ... DCEs involve a hypothetical question posed to respondents where they must choose between two or more outcomes that
https://www.rba.gov.au/publications/rdp/2015/2015-03/literature.html
Introduction
11 Sep 2015
RDP
2015-03
Using a modified form of a discrete choice experiment (DCE) as implemented in the Reserve Bank of Australia's 2013 Survey of Consumers' Use of Payment Methods, we obtained consumers' stated ... Measuring consumer surplus is a key advantage of obtaining
https://www.rba.gov.au/publications/rdp/2015/2015-03/introduction.html
Conclusion
11 Sep 2015
RDP
2015-03
Our results suggest that using DCE techniques to elicit willingness to pay for card payments can provide hitherto unavailable information about how much consumers value card payments or particular features. ... The responses to the DCE indicate that cash
https://www.rba.gov.au/publications/rdp/2015/2015-03/conclusion.html
Appendix B: Methodology – Estimation of Willingness to Pay
11 Sep 2015
RDP
2015-03
Download the Paper 1.24. MB. The methodology used to estimate willingness to pay follows the model developed by Hanemann et al (1991) for double-bounded DCE data.
https://www.rba.gov.au/publications/rdp/2015/2015-03/appendix-b.html
Distribution of Willingness to Pay for Card Payments
11 Sep 2015
RDP
2015-03
The DCE data accords well with diary data on the surcharges that were paid during the week of the Survey. ... As expected, a high level of consistency exists for the small number of payments that are similar to the scenario posed in the DCE.
https://www.rba.gov.au/publications/rdp/2015/2015-03/distribution-willingness-pay-card-payments.html
Estimating Consumer Surplus under Various Surcharging Scenarios
11 Sep 2015
RDP
2015-03
Our use of DCE is also unique in providing a measure of the change in consumer surplus. ... A surcharge on cash is technically outside the scope of the DCE data.
https://www.rba.gov.au/publications/rdp/2015/2015-03/estimating-consumer-surplus-surcharging-scenarios.html
Willingness to Pay for the Use of Credit Card Features
11 Sep 2015
RDP
2015-03
posed in the DCE.
https://www.rba.gov.au/publications/rdp/2015/2015-03/willingness-pay-use-credit-card-features.html