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An approach to derive economic weights in breeding objectives using partial profile choice experiments
11Department of Animal and Aquacultural Sciences, Norwegian University of Life Sciences, PO Box 5003, N-1432 Ås, Norway.
Choice experiments effectively derive economic weights for animal breeding objectives. Practical designs with fewer traits per choice set yield accurate preference estimates for selection indexes.
Area of Science:
- Animal breeding and genetics
- Agricultural economics
- Behavioral economics
Background:
- Traditional methods for deriving economic weights in breeding objectives, such as profit equations and bioeconomic models, can be impractical.
- Choice experiments offer a method to quantify respondent preferences for different traits.
Purpose of the Study:
- To demonstrate the utility of choice experiments for deriving economic weights in breeding objectives.
- To compare the effectiveness of different partial profile choice experiment designs.
Main Methods:
- Simulated a partial profile choice experiment with four traits at three levels each.
- Compared three designs: full profile (four traits), three traits, and two traits per choice set.
- Analyzed choice data using a conditional logit model to estimate relative economic weights.
Main Results:
- Practical choice experiment designs, using subsets of traits (e.g., two traits per choice set) with sufficient respondents and choice sets, provided accurate estimates of relative preferences.
- Regression coefficients from the conditional logit model were used to estimate economic weights.
Conclusions:
- Choice experiments provide a practical alternative for defining economic weights in animal breeding selection indexes.
- This method can help commercial breeding programs understand market preferences for genestock attributes.
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