2003 | OriginalPaper | Chapter
Measurement of Price Effects with Conjoint Analysis: Separating Informational and Allocative Effects of Price
Authors : Vithala R. Rao, Henrik Sattler
Published in: Conjoint Measurement
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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One of the most frequent purpose of conjoint analysis is the measurement of price effects (Wittink and Cattin 1989; Wittink, Vriens, and Burhenne 1994). Usually this is be done by describing a number of product alternatives on a small number of attributes, including price, and collecting some kind of preference data for these product alternatives. From the estimated part-worth function for price one can infer price effects (Srinivasan 1979).