Kaplan, Sigal; Bekhor, Shlomo; Shiftan, Yoram - In: Journal of Business Research 64 (2011) 1, pp. 45-50
This study proposes a two-stage method to elicit consumers' price acceptability range. The method combines a conjunctive stage to elicit price acceptability limits with a utility-based stage to choose a preferred product variation. The method is efficient in choice situations entailing many...