Jain, Dipak C; Vilcassim, Naufel J; Chintagunta, Pradeep K - In: Journal of Business & Economic Statistics 12 (1994) 3, pp. 317-28
A random-coefficients logit model that allows for unobserved heterogeneity in brand preferences and in the responses to marketing variables is empirically investigated using household-level panel data. The unknown underlying distribution of unobserved heterogeneity is approximated by a discrete...