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Hedonic pricing models attempt to model a relationship between object attributes and the object's price. Traditional hedonic pricing models are often parametric models that suffer from misspecification. In this paper we create these models by means of boosted CART models. The method is explained...
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We compare three alternative Maximum Likelihood Multidimensional Scaling methods for pairwise dissimilarity ratings, namely MULTISCALE, MAXSCAL, and PROSCAL in a Monte Carlo study.The three MLMDS methods recover the true con gurations very well.The recovery of the true dimensionality depends on...
Persistent link: https://www.econbiz.de/10011086951
in marketing/consumer behavior remains vague. This paper tries to bring conceptual clarity with regard to the … not, as is often noticed in marketing practice and literature, as the ultimate goal. Finally, directions for future …
Persistent link: https://www.econbiz.de/10011087072
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marketing process, and a qualitative and quantitative analysis on the implications for the transportation and inventory costs …
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support decisions in marketing. Due to the sometimes specific nature of variables in marketing, the discipline uses …
Persistent link: https://www.econbiz.de/10004972205
In this paper we consider stochastic purchase timing models used in marketing for low-involvement products and show …
Persistent link: https://www.econbiz.de/10008584626