Showing 1 - 10 of 23
We present an hierarchical Bayes approach to modeling parameter heterogeneity in generalized linear models. The model assumes that there are relevant subpopulations and that within each subpopulation the individual-level regression coefficients have a multivariate normal distribution. However,...
Persistent link: https://www.econbiz.de/10009476617
Multiple regression is frequently used across the various social sciences to analyze cross-sectional data. However, it can often times be challenging to justify the assumption of common regression coefficients across all respondents. This manuscript presents a heterogeneous Bayesian regression...
Persistent link: https://www.econbiz.de/10014042737
We present a Bayesian change point multiple regression methodology which simultaneously estimates the location of change points/regimes, the corresponding subset of independent variables per regime, as well as the associated regimes' regression parameters. Unlike existing switching multiple...
Persistent link: https://www.econbiz.de/10012989394
This manuscript introduces a new Bayesian finite mixture methodology for the joint clustering of row and column stimuli/objects associated with two-mode asymmetric proximity, dominance, or profile data. That is, common clusters are derived which partition both the row and column stimuli/objects...
Persistent link: https://www.econbiz.de/10012989420
This manuscript introduces a new Bayesian finite mixture methodology for the joint clustering of row and column stimuli/objects associated with two-mode asymmetric proximity, dominance, or profile data. That is, common clusters are derived which partition both the row and column stimuli/objects...
Persistent link: https://www.econbiz.de/10012989425
In recent years, customer value has become a major focus among strategy researchers and practitioners as an essential element of a firm's competitive strategy. Many firms have been interested in Customer Value Analysis (CVA) which involves a structural analysis of the antecedent factors of...
Persistent link: https://www.econbiz.de/10012989487
We review mixture models that relate a dependent variable to a set of exogenous or explanatory variables. Also, we describe a generalized linear regression mixture model that encompasses previously developed models as special cases. The model allows for a probabilistic classification of...
Persistent link: https://www.econbiz.de/10012989489
We present an hierarchical Bayes approach to modeling parameter heterogeneity in generalized linear models. The model assumes that there are relevant subpopulations and that within each subpopulation the individual-level regression coefficients have a multivariate normal distribution. However,...
Persistent link: https://www.econbiz.de/10012989490
This paper is concerned with the spatial representation of market structure calibrated on actual or intended choice data. Previous models developed for that purpose accommodate consumer heterogeneity by estimating parameters for each consumer, typically using the method of maximum likelihood....
Persistent link: https://www.econbiz.de/10012989508
We present a new Bayesian formulation of a vector multidimensional scaling procedure for the spatial analysis of binary choice data. The Gibbs sampler is gainfully employed to estimate the posterior distribution of the specified scalar products, bilinear model parameters. The computational...
Persistent link: https://www.econbiz.de/10012989569