A Bayesian approach to the spatial representation of market structure from consumer choice data (Q1806808)
From MaRDI portal
!
WARNING
This is the item page for this Wikibase entity, intended for internal use and editing purposes.
Please use the normal view instead:
scientific article; zbMATH DE number 1358377
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | A Bayesian approach to the spatial representation of market structure from consumer choice data |
scientific article; zbMATH DE number 1358377 |
Statements
A Bayesian approach to the spatial representation of market structure from consumer choice data (English)
0 references
22 March 2001
0 references
A new multidimensional scaling methodology for the spatial representation of market structure, based on stated preference data is proposed. The authors use Bayesian approach. They use the Metropolis-Hastings algorithm for estimation. Convergence and selection of the number of dimension are discussed. Application of the method to a portable telephone survey is given. A number of areas of future research are identified.
0 references
multidimensional scaling
0 references
Bayesian analysis
0 references
choice models
0 references
competitive market structure
0 references
0 references
0 references
0.8749725222587585
0 references
0.7879816889762878
0 references
0.7715852856636047
0 references
0.7640455365180969
0 references
0.7567411065101624
0 references
