Frühwirth-Schnatter, Sylvia and Otter, Thomas
(1999)
Conjoint Analysis Using Mixed Effect Models.
Forschungsberichte / Institut für Statistik, 65.
Department of Statistics and Mathematics, WU Vienna University of Economics and Business, Vienna.
Abstract
Following the pioneering work of Allenby and Ginter (1995) and Lenk et al.(1994); we propose in Section 2 a mixed effect model allowing for fixed and random effects as possible statistical solution to the problems mentioned above. Parameter estimation using a new, efficient variant of a Markov Chain Monte Carlo method will be discussed in Section 3 together with problems of model comparison techniques in the context of random effect models. Section 4 presents an application of the former to a brand-price trade-off study from the Austrian mineral water market. (author's abstract)
Actions