of model-based clustering which allow the data to inform on the nature and the number of clusters. Our estimation …

stage, we identify market segments using model-based clustering techniques and estimate separate hedonic price functions for …

Two approaches for model-based clustering of categorical time series based on time- homogeneous first-order Markov … chains are discussed. For Markov chain clustering the in- dividual transition probabilities are fixed to a group …-specific transition matrix. In a new approach called Dirichlet multinomial clustering the rows of the individual transition matri- ces …