Market simulation using Bayesian procedures in conjoint analysis

被引:0
|
作者
Baier, D [1 ]
Polasek, W [1 ]
机构
[1] Brandenburg Univ Technol, Inst Business Adm & Econ, D-03042 Cottbus, Germany
关键词
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
New procedures for predicting market shares of competing products in assumed possible market scenarios are proposed: We use Gibbs sampling in a first phase to obtain the posterior distribution of preference model parameters w.r.t. product choice-relevant attributes and levels. Then, in a second phase, this distribution is used for market simulation. We discuss advantages of the new procedures in an empirical comparison with traditional ones.
引用
收藏
页码:413 / 421
页数:9
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