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  • Search: subject:"econometric estimation and memory-based choice decisions"
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Bayesian learning 1 econometric estimation and memory-based choice decisions 1 forgetting 1 quality uncertainty 1 structural modeling 1
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Mehta, Nitin 1 Rajiv, Surendra 1 Srinivasan, Kannan 1
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Quantitative Marketing and Economics 1
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Role of Forgetting in Memory-Based Choice Decisions: A Structural Model
Mehta, Nitin; Rajiv, Surendra; Srinivasan, Kannan - In: Quantitative Marketing and Economics 2 (2004) 2, pp. 107-140
We propose a structural model to investigate the impact of forgetting on consumers' brand choice decisions in frequently purchased products. Forgetting results in consumers imperfectly recalling their prior brand evaluations when making a purchase decision in the category. We conceptualize the...
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