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Author:Jedidi, K.
Zhang, Z.J.
Title:Augmenting conjoint analysis to estimate consumer reservation price
Journal:Management Science
2002 : OCT, VOL. 48:10, p. 1350-1368
Index terms:Conjoint analysis
Consumer choice
Pricing
Strategy
Language:eng
Abstract:Consumer reservation price is a key concept in marketing and economics. The authors propose a conjoint-based approach to estimate consumer-level reservation prices. This approach integrates the preference estimation of traditional conjoint with the economic theory of consumer choice.
SCIMA record nr: 244106
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