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. 2023 Jun 23;16(5):497–513. doi: 10.1007/s40271-023-00635-w

Table 2.

ESTIMATE checklist for DCEs

ESTIMATE Recommendation
Estimates

Describe the choice of parameter estimates resulting from the model appropriately and completely, including:

 Whether each variable corresponds to an effects-coded level, a dummy-coded level, or a continuous change in levels

 Whether each variable corresponds to a main effect or interaction effect

 Whether continuous variables are linear or have an alternative functional form

Stochastic

Describe the stochastic properties of the analysis, including:

 The statistical distributions of parameter estimates

 The distribution of parameter estimates across the sample (preference heterogeneity)

 The variance of the estimation function, including systematic differences in variance across observations (scale heterogeneity)

Trade-offs

Describe the trade-offs that can be inferred from the model, including:

 The magnitude and direction of the attribute-level coefficients

 The relative importance of each attribute over the range of levels included in the experiment

 The rate at which respondents are willing to trade off among the attributes (marginal rate of substitution)

Interpretation

Provide interpretation of the results taking into account the properties of the statistical model, including:

 Conclusions that can be drawn directly from the results

 Applicability of the sample, including subgroups or segments, to the population of interest

 Limitations of the results

Method

Describe the reasons for selecting the statistical analysis method used in the analysis, including:

 Why the method is appropriate for analyzing the data generated by the experiment

 Why the method is appropriate for addressing the underlying research question

 Why the method was selected over alternative methods

Assumptions

Describe the assumptions of the model and the implications of the assumptions for interpreting the results, including:

 Assumptions about the error distribution

 Assumptions about the independence of observations

 Assumptions about the functional form of the value function

Transparent

Describe the study in a sufficiently transparent way to warrant replication, including descriptions of:

 The data setup, including handling missing data

 The estimation function, including the value function and the statistical analysis method

 The software used for estimation

Evaluation

Provide an evaluation of the appropriateness of the statistical analysis method to answering the research question, including:

 The goodness of fit of the model

 Sensitivity analysis of the model specification

 Consistency of results estimated using different method