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Author:Baltas, G.
Title:An integrated model of category demand and brand choice
Journal:Journal of the Market Research Society
1998 : OCT, VOL. 40:4, p. 295-306
Index terms:Market research
Demand
Brands
Consumer goods
Consumer behaviour
Models
Freeterms:Product choice
Language:eng
Abstract:This paper presents a unified model of brand choice and category demand calibrated at the household level. The framework is grounded in utility theory and incorporates two important consumer decisions: 1. which brands to choose and 2. how much product to buy. A probability model describes brand choice and estimates a summary index of category value that is used in the determination of total category demand. The method is illustrated in panel data for a frequently bought supermarket category.
SCIMA record nr: 197153
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