منابع مشابه
Statistical properties of consideration sets
The concept of a consideration set has become a central concept in the study of consumer behavior. This paper shows that the common practice of estimating models using only the set of alternatives deemed to be in the set considered by a consumer will usually result in estimated parameters that are biased due to a sample selection effect. This effect is generic to many consideration set models a...
متن کاملConsideration Sets and Competitive Marketing
We study a market model in which competing firms use costly marketing devices to influence the set of alternatives which consumers perceive as relevant. Consumers in our model are boundedly rational in the sense that they have an imperfect perception of what is relevant to their decision problem. They apply well-defined preferences to a “consideration set”, which is a function of the marketing ...
متن کاملAn Evaluation Cost Model of Consideration Sets
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متن کاملThe nested consideration model: Investigating dynamic store consideration sets and store competition
The nested logit model has been widely used to study nested choice. A typical example of such nested choice is store patronage and brand choice. An important limitation of the nested logit model is that it assumes that all alternatives at both levels of the nest are available in the choice set of the consumer. While there is a wide literature on the incorporation of restricted choice sets into ...
متن کاملInference in Polytrees with Sets of Probabilities
Inferences in directed acyclic graphs associated with probability intervals and sets of probabil ities are NP-hard, even for polytrees. We pro pose: I) an improvement on Tessem's AIR algo rithm for inferences on polytrees associated with probability intervals; 2) a new algorithm for ap proximate inferences based on local search; 3) branch-and-bound algorithms that combine the previous techn...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2017
ISSN: 1556-5068
DOI: 10.2139/ssrn.3034154