Arbeitspapier
On heterogeneous latent class models with applications to the analysis of rating scores
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 objective: it consists in identifying groups of consumers whose response patterns are similar and characterizing them in terms of preferences and covariates. We use latent class models allowing for heterogeneity of both latent class and within-class probabilities across individuals. We illustrate the proposed methodology using data about the preferences of Belgian households for supermarkets.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB 649 Discussion Paper ; No. 2011-062
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Multiple or Simultaneous Equation Models: Classification Methods; Cluster Analysis; Principal Components; Factor Models
Econometric Software
Marketing
- Thema
-
latent class analysis
rating scores
heterogeneity
EM algorithm
marketing
Konsumentenverhalten
Befragung
Präferenztheorie
Multivariate Analyse
Clusteranalyse
Theorie
Einkaufsstättenwahl
SB-Lebensmittelgeschäft
Schätzung
Belgien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bertrand, Aurélie
Hafner, Christian M.
- Ereignis
-
Veröffentlichung
- (wer)
-
Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
- (wo)
-
Berlin
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bertrand, Aurélie
- Hafner, Christian M.
- Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
Entstanden
- 2011