Abstract
This study compares, via brand‐choice simulation, the effect of various distortions in attribute importance weights on share of choices at the aggregate‐sample level. The results indicate that severe distortions in importance weights can occur with little change in aggregate brand share. The implications of this result for utility estimation in main‐effects conjoint analysis suggest that considerably simpler ways can be adopted to estimate part worths.
Original language | English (US) |
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Pages (from-to) | 439-450 |
Number of pages | 12 |
Journal | Decision Sciences |
Volume | 11 |
Issue number | 3 |
DOIs | |
State | Published - Jul 1980 |
All Science Journal Classification (ASJC) codes
- General Business, Management and Accounting
- Strategy and Management
- Information Systems and Management
- Management of Technology and Innovation