Hierarchical Bayes Versus Finite Mixture Conjoint Analysis Models: A Comparison of Fit, Prediction, and Partworth Recovery
نویسنده
چکیده
Vol. XXXIX (February 2002), 87–98 87 *Rick L. Andrews is an associate professor, Department of Business Administration, University of Delaware (e-mail: [email protected]). Asim Ansari is an associate professor, Department of Marketing, Graduate School of Business, Columbia University (e-mail: [email protected]). Imran S. Currim is Corporate Partners Research Scholar and Professor, Graduate School of Management, University of California, Irvine (e-mail: [email protected]). The authors contributed equally to the article and are listed in alphabetical order. The first author acknowledges the support of a research grant from the University of Delaware. RICK L. ANDREWS, ASIM ANSARI, and IMRAN S. CURRIM*
منابع مشابه
A Hierarchical Bayes Model for Ranked Conjoint Data
This paper investigates the adequacy of the hierarchical Bayes (HB) model for rankbased conjoint data. While recent research has demonstrated the robustness of the HB model compared to traditional estimation methods for rank based conjoint models, we conduct an indepth analysis of the underlying reasons of these findings. Hereby we investigate the fundamental assumptions of rank based conjoint ...
متن کاملAn Empirical Comparison of Logit Choice Models with Discrete vs. Continuous Representations of Heterogeneity
Currently, there is an important debate about the relative merits of models with discrete and continuous representations of consumer heterogeneity. A recent JMR study (Andrews, Ansari, and Currim 2002, AAC hereafter) compared metric conjoint analysis models with discrete and continuous representations of heterogeneity, finding no differences between the two models with respect to parameter reco...
متن کاملAnalysis of Hierarchical Bayesian Models for Large Space Time Data of the Housing Prices in Tehran
Housing price data is correlated to their location in different neighborhoods and their correlation is type of spatial (location). The price of housing is varius in different months, so they also have a time correlation. Spatio-temporal models are used to analyze this type of the data. An important purpose of reviewing this type of the data is to fit a suitable model for the spatial-temporal an...
متن کاملThe Family of Scale-Mixture of Skew-Normal Distributions and Its Application in Bayesian Nonlinear Regression Models
In previous studies on fitting non-linear regression models with the symmetric structure the normality is usually assumed in the analysis of data. This choice may be inappropriate when the distribution of residual terms is asymmetric. Recently, the family of scale-mixture of skew-normal distributions is the main concern of many researchers. This family includes several skewed and heavy-tailed d...
متن کاملSmall Area Estimation of the Mean of Household\'s Income in Selected Provinces of Iran with Hierarchical Bayes Approach
Extended Abstract. Small area estimation has received a lot of attention in recent years due to necessity demand for reliable small area statistics. Direct estimator may not provide adequate precision, because sample size in small areas is seldom large enough. Hence, by employing models that can use auxiliary information and area effects in descriptions, one can increase the precision of direct...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2002