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Incorporating responsiveness to marketing efforts in brand choice modeling
Fok, Dennis; Paap, Richard; Franses, Philip Hans - In: Econometrics : open access journal 2 (2014) 1, pp. 20-44
We put forward a brand choice model with unobserved heterogeneity that concerns responsiveness to marketing efforts. We … choice models that account for various forms of heterogeneity for three different datasets, we find better face validity for …
Persistent link: https://www.econbiz.de/10010336207
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Homogeneity bias in models of discrete choice with bounded rationality
Golman, Russell - In: Journal of economic behavior & organization : JEBO 82 (2012) 1, pp. 1-11
Persistent link: https://www.econbiz.de/10009685072
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Detecting passengers' heterogeneity on airlines’ services using SP data
Bellizzi, Maria Grazia; Dell'Olio, Luigi; Eboli, Laura; … - In: Journal of air transport management 96 (2021), pp. 1-7
Persistent link: https://www.econbiz.de/10013041115
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Personality traits as drivers of social preferences : a mixed logit model application
Paetz, Friederike - In: Journal of business economics : JBE 91 (2021) 3, pp. 303-332
Persistent link: https://www.econbiz.de/10012496008
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Addressing endogeneity in aggregate logit models with time-varying parameters for optimal retail-pricing
Guhl, Daniel - In: European journal of operational research : EJOR 277 (2019) 2, pp. 684-698
Persistent link: https://www.econbiz.de/10012022111
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Latent class conjoint choice models : a guide for model selection, estimation, validation, and interpretation of results
Paetz, Friederike; Hein, Maren; Kurz, Peter; Steiner, … - In: Marketing : ZFP ; journal of research and management 41 (2019) 4, pp. 3-20
Persistent link: https://www.econbiz.de/10012149198
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An exploration of heterogeneity in Latent Psychological Variables on Travelers' destination choice
Mahpour, Alireza; Baghestani, Amirhossein; Mamdoohi, … - In: Decision analytics journal 6 (2023), pp. 1-13
factors, such as the psychological impact on the destination choice process, can explain heterogeneity among individuals. This … individuals for two types of grocery and clothing in Tehran, Iran. The heterogeneity in destination choice behavior is captured by …
Persistent link: https://www.econbiz.de/10014506222
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Which consumers are willing to pay for smart car healthcare services? : a discrete choice experiment approach
Woo, JongRoul; Shin, Jungwoo; Kim, Hongbum; Moon, HyungBin - In: Journal of retailing and consumer services 69 (2022), pp. 1-8
Persistent link: https://www.econbiz.de/10013401636
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Strategie equivalence and bounded rationality in extensive form games
Voorneveld, Mark; Lundström, Helena Fagraeus - 2005
In a large family of solution concepts for boundedly rational players - allowing players to be imperfect optimizers, but requiring that better responses are chosen with probabilities at least as high as those of worse responses - most of Thompson's inessential transformations for the strategic...
Persistent link: https://www.econbiz.de/10010281206
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A micro-foundation for non-deterministic contests of the logit form
Dahm, Matthias (contributor); Porteiro, Nicolás (contributor) - 2005
In models of non-deterministic contest, players exert irreversible effort in order to increase their probability of winning a prize. The most prominent functional form of the win probability in the literature is the so-called "logitʺ contest success function. We provide a simple...
Persistent link: https://www.econbiz.de/10003780397