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Marketing researchers have long used brand switching analyses and Markov transition matrices to gain insights into … in a panel. Our results show that marketing scientists have the potential to learn and test more hypotheses about the …
Persistent link: https://www.econbiz.de/10009476758
While conjoint analysis has been applied in a wide variety of different contexts in Marketing, most applications fail …
Persistent link: https://www.econbiz.de/10009476759
This paper examines the role of managerial judgment in forming a final forecast, or judging the achievability of a critical level of sales, when multiple forecasts or opinions are available to the decision maker. Several factors that can help improve the quality of human intervention are...
Persistent link: https://www.econbiz.de/10009476760
Although take-it-or-leave-it pricing is the main mode of operation for many retailers, a number of retailers discreetly allow price negotiation when some haggle-prone customers ask for a bargain. At these retailers, the posted price, which itself is subject to dynamic adjustments in response to...
Persistent link: https://www.econbiz.de/10009477224
We attempt to provide insights into how heterogeneity has been and can be addressed in choice modeling. In doing so, we deal with three topics: Models of heterogeneity, Methods of estimation and Substantive issues. In describing models we focus on discrete versus continuous representations of...
Persistent link: https://www.econbiz.de/10009477259
The Marketing literature has shown how difficult it is to profile market segments derived with finite mixture models …
Persistent link: https://www.econbiz.de/10009477260
for parameter estimation. A marketing strategy application is provided with an analysis of PIMS data for a set of firms …
Persistent link: https://www.econbiz.de/10009477261
A not uncommon situation in industrial marketing is for an outside supplier to find itself competing against an in …-house supplier. Knowing how to compete against an in-house supplier is of importance because industrial marketing firms typically … opportunity when competing against an in-house supplier. Alternative marketing strategies are also suggested. …
Persistent link: https://www.econbiz.de/10009477287
This paper has two main contributions. Firstly, we introduce a new approach, the latent instrumental variables (LIV) method, to estimate regression coefficients consistently in a simple linear regression model where regressor-error correlations (endogeneity) are likely to be present. The LIV...
Persistent link: https://www.econbiz.de/10009477430
development professionals. Both reflect on the emergence of new products management as a profession--a field with its own … improvement measurements, and the overall relationship between the management of new initiatives and the ongoing work of the …
Persistent link: https://www.econbiz.de/10009477439