Showing 1 - 10 of 19
Integrated choice and latent variable (ICLV) models represent a promising new class of models which merge classic choice models with the structural equation approach (SEM) for latent variables. Despite their conceptual appeal, to date applications of ICLV models in marketing are still rare. The...
Persistent link: https://www.econbiz.de/10010263709
Discovering the preferences and the behaviour of consumers is a key challenge in marketing. Information about such topics can be gathered through surveys in which the respondents must assign a score to a number of items. In this article we suggest a strategy to analyze such data and achieve this...
Persistent link: https://www.econbiz.de/10010281572
This paper describes Stata command lclogit2, an enhanced version of lclogit (Pacifico and Yoo, 2013). Like its predecessor, lclogit2 uses the Expectation-Maximization (EM) algorithm to estimate latent class conditional logit (LCL) models. But it executes the EM algorithm's core algebraic...
Persistent link: https://www.econbiz.de/10014103279
We are introducing the Unit Invariant Knee (UIK) point as an objective estimator for using elbow criterion in multivariate data analysis and especially in PCA, FA, AA and CA. Our computation is based on Extremum Distance Estimator (EDE) which is used for inflection and knee point identification....
Persistent link: https://www.econbiz.de/10012946925
Discovering the preferences and the behaviour of consumers is a key challenge in marketing. Information about such topics can be gathered through surveys in which the respondents must assign a score to a number of items. In this article we suggest a strategy to analyze such data and achieve this...
Persistent link: https://www.econbiz.de/10009349222
Integrated choice and latent variable (ICLV) models represent a promising new class of models which merge classic choice models with the structural equation approach (SEM) for latent variables. Despite their conceptual appeal, to date applications of ICLV models in marketing are still rare. The...
Persistent link: https://www.econbiz.de/10003635077
The use of simple and multiple correspondence analysis is well-established in social science research for understanding relationships between two or more categorical variables. By contrast, canonical correspondence analysis, which is a correspondence analysis with linear restrictions on the...
Persistent link: https://www.econbiz.de/10014206233
The case of two transition tables is considered, that is two square asymmetric matrices of frequencies where the rows and columns of the matrices are the same objects observed at three different time points. Different ways of visualizing the tables, either separately or jointly, are examined. We...
Persistent link: https://www.econbiz.de/10014220865
Dual scaling of a subjects-by-objects table of dominance data (preferences, paired comparisons and successive categories data) has been contrasted with correspondence analysis, as if the two techniques were somehow different. In this note we show that dual scaling of dominance data is equivalent...
Persistent link: https://www.econbiz.de/10014159144
We compare two methods for visualising contingency tables and develop a method called the ratio map which combines the good properties of both. The first is a biplot based on the logratio approach to compositional data analysis. This approach is founded on the principle of subcompositional...
Persistent link: https://www.econbiz.de/10014116681