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As behavioral hypotheses about in-store decision making become more common in the marketing literature, there is a growing need for richer, more complete datasets in order to test them more carefully. We introduce a novel PathTrackerreg; dataset that captures consumers' in-store shopping...
Persistent link: https://www.econbiz.de/10012713117
Many datasets, from different and seemingly unrelated marketing domains, all involve "paths" - records of consumers' movements in a spatial configuration. Path data contain valuable information for marketing researchers because they describe how consumers interact with their environment and make...
Persistent link: https://www.econbiz.de/10014026771
Marketing researchers have become increasingly interested in spatial datasets. A main challenge of analyzing spatial data is that researchers must a priori choose the size and make-up of the areal units, hence the resolution of the analysis. Analyzing the data at a resolution that is too high...
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Customers often stockpile reward points in linear loyalty programs (i.e., programs that do not reward stockpiling) despite several economic incentives against it (e.g., the time value of money). We develop a mathematical model of redemption choice that unites three explanations for why customers...
Persistent link: https://www.econbiz.de/10012975003
Firms using online advertising regularly run experiments with multiple versions of their ads since they are uncertain about which ones are most effective. Within a campaign, firms try to adapt to intermediate results of their tests, optimizing what they earn while learning about their ads. But...
Persistent link: https://www.econbiz.de/10013006913
As firms collect greater amounts of data about their customers, from an ever broader set of "touchpoints," a new set of methodological challenges arise. Data from the various platforms are often collected at differing levels of aggregation, and it is not clear how to merge these data sources in...
Persistent link: https://www.econbiz.de/10013080277
In many different managerial contexts, customers leave money on the table by, for example, their failure to claim rebates, use available coupons, and so on. This project focuses on a related problem faced by homeowners who may be reluctant to file insurance claims despite the fact their losses...
Persistent link: https://www.econbiz.de/10012755682