Bayesian latent class metric conjoint analysis. A case study from the Austrian mineral water market.

This paper presents the fully Bayesian analysis of the latent class model using a new approach towards MCMC estimation in the context of mixture models. The approach starts with estimating unidentified models for various numbers of classes. Exact Bayes' factors are computed by the bridge sampli...

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Bibliographic Details
Main Authors: Otter, Thomas, Tüchler, Regina, Frühwirth-Schnatter, Sylvia
Format: Others
Language:en
Published: SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business 2002
Subjects:
Online Access:http://epub.wu.ac.at/1012/1/document.pdf