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Product-concept testing is a popular activity in marketing research. Often the number of new product/service concepts under study far exceeds the time available for any single respondent. Respondents therefore may receive only a subset of the concepts comprising the total design. Researchers are...
Persistent link: https://www.econbiz.de/10012991558
A least-squares algorithm for fitting ultrametric and path length or additive trees to two-way, two-mode proximity data is presented. The algorithm utilizes a penalty function to enforce the ultrametric inequality generalized for asymmetric, and generally rectangular (rather than square)...
Persistent link: https://www.econbiz.de/10012991626
Models for the representation of proximity data (similarities/dissimilarities) can be categorized into one of three groups of models: continuous spatial models, discrete nonspatial models, and hybrid models (which combine aspects of both spatial and discrete models). Multidimensional scaling...
Persistent link: https://www.econbiz.de/10012992491
A new metric multidimensional scaling model is proposed, and a corre­sponding method is developed to accommodate the analysis of three-mode dominance (e.g., preference) data and nonsymmetric three-way proximity data. One of many possible marketing applications is presented concern­ing the...
Persistent link: https://www.econbiz.de/10012992868
Ambiguity surrounds any importance measure in cases in which predictor variables are correlated. However, a new measure is proposed that has attractive properties, such as providing individual contributions that are both non-negative and sum to R2. The new measure is compared with four other...
Persistent link: https://www.econbiz.de/10012998587
In lieu of Abstract, here is the first paragraph: Jackson provides a clear statement of a basic (and noncontroversial) limitation of all "importance" measures in multiple regression-namely, there is no unambiguous measure of importance in the case of correlated predictor variables. Darlington...
Persistent link: https://www.econbiz.de/10014128300
A simple allocation model is developed in which response is assumed to be linear in the logs of the control variables. It is then shown that the optimal allocation of a fixed total resource is proportional to the partial regression weights when the linear-in-logs model is fitted by least...
Persistent link: https://www.econbiz.de/10014129304
In this paper we propose two versions of stochastic choice models based on tree structure models — called “tree unfolding models”. These models can be viewed as discrete (tree structure) analogues of a recently proposed class of continuous (spatial) random utility models for paired...
Persistent link: https://www.econbiz.de/10014127208