It is our hope that some of the empirical generalizations presented in this volume would be of practical value to management. Some of the generalizations help codify our knowledge—they are discussed in several papers—some can serve as useful guidelines in the generation of strategic...

In recent years, artificial intelligence research has provided new tools and techniques for marketing model builders. These tools, when combined with problem-solving knowledge from a specific domain, can be used to create expert systems. This methodology is most applicable in semistructured...

This paper presents a new friction model for describing the price changes of a product or brand over time and for forecasting both the timing and magnitude of such changes from one period to the next. After a review of the related pricing literature, we present our model and a modified...

Over the last decade, numerous methods for the multidimensional scaling (MDS) of perceptions and preferences have been applied by researchers in marketing. However, one notable gap in MDS methodology has been the lack of suitable models for analyzing inherently asymmetric data relationships....

The diffusion model developed by Bass (Bass, F. M. 1969. A new product growth model for consumer durables. (January) 215–227.) constitutes an empirical generalization. It represents a pattern or regularity that has been shown to repeat over many new products and services in many countries and...

A nonuniform influence (NUI) innovation diffusion model for forecasting first adoptions of a new product is proposed. An extension of the Bass model, the proposed model overcomes three limitations of the existing single-adoption diffusion models. First, the current models generally assume that...

Marketing scholars and practitioners frequently infer market responses from cross-sectional or pooled cross-section by time data. Such cases occur especially when historical data are either absent or are not representative of the current market situation. We argue that inferring market responses...

We are indebted to John Little (Little, J. D. C. 1986. Comments. 107–108.) and Hugh Zielske (Zielske, H. A. 1986. Comments. 109.) for their valuable comments on our paper. Some of the comments merit further clarification and our response to these comments is provided below.

The question of whether a pulsed advertising policy is superior to an even policy (constant spending over time) is of practical relevance to both advertising practitioners and model builders. This paper presents an analytical model that can be used to analyze the impact of the various pulsing...

An increasing number of products are being sold with components that themselves are brand names. Examples are personal computers with Intel microprocessors and diet soft drinks that use the NutraSweet formulation. Branded components may alter consumers' valuation of the bundle, necessitating...