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THEORETICAL AND EMPIRICAL CONSIDERATIONS OF ELICITING PREFERENCES AND MODEL ESTIMATION IN CONJOINT ANALYSIS

The theoretical underpinnings associated with eliciting consumer preferences and statistical properties of alternative models in conjoint analysis are examined. Results show that model selection makes little difference in the context of sign and significance of coefficients. However, results show that tobit is a better predictor of ordinal ranking relative to the probit model.
Year of publication:
2001
Authors: Harrison, R. Wes ; Gillespie, Jeffrey M. ; Fields, Deacue
Institutions: Agricultural and Applied Economics Association - AAEA
Subject: Demand and Price Analysis
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 2001 Annual meeting, August 5-8, Chicago, IL Number 20680
Source:
Persistent link: https://www.econbiz.de/10005503656
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