2011 | OriginalPaper | Chapter
Discrete Customer Choice Analysis
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
The following chapter introduces the methodology used in this part of the work to formulate a model of the price sensitivity of customers within the low-cost travel market that is based on real-world data. Following many other works on choice analysis (see below Table 9.1), the method of discrete customer choice analysis is employed here to model and understand customer purchasing behavior at a disaggregated individual decision maker level.