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Unobserved heterogeneity is a serious but often neglected problem in structural equation modelling (SEM) challenging the validity of many empirical results. Recently, a finite mixture approach to SEM has been proposed to resolve this problem but until now only a few studies analyse the...
Persistent link: https://www.econbiz.de/10009621412
Empirical applications of structural equation modeling (SEM) typically rest on the assumption that the analysed sample is homogenous with respect to the underlying structural model or that homogenous subsamples have been formed based on a priori knowledge. However, researchers often are ignorant...
Persistent link: https://www.econbiz.de/10009624842
Research ; Game Theory ; Price Competition among Manufacturers and Retailers ; Empirical Industrial Organization …
Persistent link: https://www.econbiz.de/10009580471
functions of the attributes for the competitive brands, whereas that of the MNL formulation is guided by the choice theory of …
Persistent link: https://www.econbiz.de/10009612039
Persistent link: https://www.econbiz.de/10001919370