Showing 1 - 10 of 243
Persistent link: https://www.econbiz.de/10001043185
A latent class probit model is developed in which it is assumed that the binary data of a particular subject follow a finite mixture of multivariate Bermoulli distributions. An EM algorithm for fitting the model is described and a Monte Carlo procedure for testing the number of latent classes...
Persistent link: https://www.econbiz.de/10012990664
This paper presents the development of a new stochastic multidimensional (scaling) unfolding (Coombs 1964) methodology which operates on paired comparison consumer preference or choice data and renders a spatial representation of both consumers and the products or brands they choose. Consumers...
Persistent link: https://www.econbiz.de/10012991406
Persistent link: https://www.econbiz.de/10012991537
We review the development of two new stochastic multidimensional scaling (MDS) methodologies that operate on paired comparisons choice data and render a spatial representation of subjects and stimuli. In the probabilistic vector MDS model, subjects are represented as vec­tors and stimuli as...
Persistent link: https://www.econbiz.de/10012991538
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
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
A recently developed probabilistic multidimensional unfolding model for paired comparisons data is described. Unlike the stochastic multidimensional unfolding models previously proposed in the literature, the present model is a moderate utility model. After presenting the model in its most...
Persistent link: https://www.econbiz.de/10014127259
An alternating least squares algorithm is developed for con­structing either an ultrametric or an additive tree represen­tation of profile data. The algorithm simultaneously estimates the best fitting tree and optimal variable weights for con­verting the profile data into dissimilarities. An...
Persistent link: https://www.econbiz.de/10014127294
In analogy with the wandering vector model, a probabilistic multidimensional unfolding model is proposed for representing paired comparisons data. It is shown that contrary to other stochastic multidimensional unfolding models, the present model does not imply strong stochastic transitivity,...
Persistent link: https://www.econbiz.de/10014127297