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Activity Number:
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475
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Type:
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Contributed
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Date/Time:
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Wednesday, August 9, 2006 : 2:00 PM to 3:50 PM
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Sponsor:
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Section on Statistical Computing
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| Abstract - #306114 |
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Title:
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Factor Analysis for Multiattribute Ranked Data
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Author(s):
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Philip L. H. Yu*+ and Wai Ming Wan
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Companies:
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The University of Hong Kong and The University of Hong Kong
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Address:
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Pokfulam Road, Hong Kong, 00852, China
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Keywords:
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ranked data ; factor analysis ; MCEM
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Abstract:
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This paper develops factor models for ranked data in which items are ranked based on several attributes or criteria. In modeling multi-attribute ranking data, two sources of item-response dependencies have to be distinguished. Within-attribute dependence arises when items are evaluated on the same attribute and between-attribute dependence emerges when items are compared with respect to different attributes. We extend the factor model proposed by Yu, Lam and Lo (2005) for single-attribute ranked data so that it takes into account the between-attribute dependence as well. The Monte Carlo Expectation Maximization (MCEM) algorithm is used for parameter estimation. A bootstrap method is proposed for assessing the fitness of a model. Simulation studies are carried out to demonstrate the proposed estimation and goodness-of-fit methods.
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