Kim, Jin Gyo; Menzefricke, Ulrich; Feinberg, Fred M. - In: Review of Marketing Science 2 (2004) 1, pp. 1-1
The finite normal mixture model has emerged as a dominant methodology for assessing heterogeneity in choice models. Although it extends the classic mixture models by allowing within component variablility, it requires that a relatively large number of models be separately estimated and fairly...