SLIDE 16 Estimation
Scale-extended model DR-2Max-model (Diener, Orme, and Yardley 2006) Extended to account for differences in consistency between selection and purchase decisions (Swait and Andrews 2003) Force choice questions Free choice questions Estimation Multinomial logit model using Hierarchical Bayes All models implemented in Matlab
A B C
Attribute 1 Attribute 2 Attribute 3 …
Buy product D Do not buy product D
A B C
Attribute 1 Attribute 2 Attribute 3 …
A B C
Attribute 1 Attribute 2 Attribute 3 …
Buy product D Do not buy product D Buy product D Do not buy product D
h,i,j h,i ',j' j j'
d d 1 h,i 2 h,i' h j J i C j' J' i' C 2 2 h,i' 1 h,j J
exp V exp V L exp V exp V exp V
16