Papatla, Purushottam - In: Marketing Science 15 (1996) 3, pp. 243-261
The issue of consumer heterogeneity in discrete choice analysis has been attracting much attention recently. Research … has suggested that heterogeneity can result in biased parameter estimates which, in turn, can lead to incorrect … conclusions. Among the many methods proposed in the literature to handle heterogeneity, models seem to be the most attractive from …