The heterogeneity model and its special cases - an illustrative comparison

Regina Tüchler, Sylvia Frühwirth-Schnatter, Thomas Otter

Publikation: Beitrag in Buch/KonferenzbandBeitrag in Konferenzband

Abstract

In this paper we carry out fully Bayesian analysis of the general heterogeneity model, which is a
mixture of random effects model, and its special cases, the random coefficient model and the latent
class model. Our application comes from Conjoint analysis and we are especially interested in what is
gained by the general heterogeneity model in comparison to the other two when modeling consumers
heterogeneous preferences.
OriginalspracheEnglisch
Titel des SammelwerksStatistical Modelling in Society. Proceedings of the Seventeenth International Workshop on Statistical Modelling
Herausgeber*innen M. Stasinopoulos, G. Touloumi
ErscheinungsortChania, Greece
Seiten637 - 644
PublikationsstatusVeröffentlicht - 1 Okt. 2002

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