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Abstract Details

Activity Number: 656
Type: Contributed
Date/Time: Thursday, August 2, 2012 : 10:30 AM to 12:20 PM
Sponsor: Section on Statistics in Marketing
Abstract - #304141
Title: Combining Attribute Classification with Utilities in Conjoint Studies
Author(s): Ulderico Santarelli*+
Companies: Marketing Consultant
Address: Via Bellinzona, 32, Milano 20155, International, , Italy
Keywords: conjoint ; choice rule ; attribute classification ; Bayes ; non compensatory
Abstract:

The compensatory nature of conjoint utilities can be combined with an a priori attribute classification, thus relieving the weakness of a pure compositional model in the simulation of consumer's stated choice. The a priori attribute classification also makes the choice experiment easier by the use of the preliminary preference information, contextual to the attribute classification with a limited number of full profile stimuli actually shown to respondents.


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