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Heterogeneous Conjoint Choice Designs

Wedel Michel - ; Sándor Zsolt , - ;

Previous conjoint choice design construction procedures have produced a single homogeneous design that is administered to all study participants. In contrast, this article proposes to construct a limited set of different designs. The principle of heterogeneous designs is applicable to a variety of types of models. This article illustrates this principle for Bayesian designs, taking into account prior uncertainty about the parameter values, and for mixed logit designs that accommodate respondent heterogeneity. The authors develop and investigate a computational procedure that enables quick and easy implementation. Although the number of different designs in the optimal set is small, the authors use a Monte Carlo study to demonstrate that their heterogeneous design achieves substantial gains in efficiency compared with homogeneous designs.


Ketersediaan

Call NumberLocationAvailable
JM4202PSB lt.dasar - Pascasarjana1
PenerbitChicago: Americam Marketing Association 2005
EdisiVol. 42, No. 2 (May, 2005), pp. 210-218
Subjekexperimental design
Consumer Heterogeneity
Preference Heterogeneity
Marketing Research Methods
ISBN/ISSN0022-2437
KlasifikasiNONE
Deskripsi Fisik9 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
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