Nonparametric Inference of Utilites

Nonparametric Inference of Utilites

Nonparametric Inference of Utilites

Matthias Herfert

176,56 €
IVA incluido
Disponible
Editorial:
diplom.de
Año de edición:
2006
Materia
Ventas y marketing
ISBN:
9783836600101
176,56 €
IVA incluido
Disponible

Selecciona una librería:

  • Librería Samer Atenea
  • Librería Aciertas (Toledo)
  • Kálamo Books
  • Librería Perelló (Valencia)
  • Librería Elías (Asturias)
  • Donde los libros
  • Librería Kolima (Madrid)
  • Librería Proteo (Málaga)

Inhaltsangabe:Abstract: In Chapter 2, „Foundations”, we provide a description of selected parts of theories which we believe are helpful to better understand the contribution of this thesis. We start with the presentation of several behavioral hypotheses in preference and utility theory. Next, we describe the basics of inferential statistics and Conjoint Analysis. Then, we describe probabilistic entropy, in addition to that a later established version of it, and its axiomatization as a general inference principle. We conclude Chapter 2 by presenting La Mura's decision-theoretic entropy, a version of entropy as an inference technique for expected utilities. La Mura had developed this connection between probabilistic entropy and expected utilities in his Ph.D. thesis. Based on his work, the initial research objective for this dissertation had been to make his approach applicable to the inference of unique consumer utilities given some observed evidence, having in mind the vast amounts of data that nowadays are available to analysts but still not used very effectively, in order to jointly overcome the limitations of Conjoint Analysis as mentioned above. In the following five chapters you will see that our research has instead resulted in a new method, namely Entropy Analysis, which is not based on expected utility functions but on ordinary utility functions. We close Chapter 2 with a conclusion for the following chapters. In Chapter 3, „Entropy Analysis”, we derive the new method combining probabilistic cross-entropy and ordinary utility functions. We start by imposing a set of conditions on the inference method. Then, we suggest a normalization of utility functions such that they become formally a probability measure. Finally, we present and prove our main result. In Chapter 4, „Irrational Behavior”, we present a solution for the problem of how to treat observed „irrational” behavior (see Definition 4.1) with Entropy Analysis. This is motivated by two reasons. Fi

Artículos relacionados

  • Websites That Work
    Paul J Scott
    Why do so many business owners pour time and money into their websites and get so little in return? Usually, it’s because they aren’t focusing on the right strategies. They waste resources chasing the wrong metrics, and don’t know how to turn views and other forms of engagement into sales. They know they need to find customers online to stay competitive, but aren’t sure how. Ge...
  • Exploring Markets
    Stefan Kühl
    Organizations construct their environments themselves. From the bewildering, chaotic array of impressions, they take those bits of information that enable them to produce such a view of the environment – one that makes it possible for them to operate in the environment with relative confidence. Thus, contrary to what traditional market research suggests, organizations do not re...
    Disponible

    7,33 €

  • Inter-Organizational Trust for Business-To-Business E-Commerce
    Pauline Ratnasingam
    ...
  • Contemporary Research in E-Marketing, Volume 1
    Sandeep Krishnamurthy
    ...
  • The Experience Effect for Small Business
    Jim Joseph
    As every customer knows, the shopping experience is critical to brand satisfaction and loyalty. We all care deeply about the overall experience of the buying process--the marketing message, subliminal cues, the sales approach, personal human interaction...and more. When all of these elements come together in a cohesive and seamless package, a loyal customer is born. Brand strat...
  • Marketing Campaign Development
    Mike Gospe
    This book is a practical, pragmatic 'how to' book designed for hi-tech marketing operations, regional, and corporate marketing leaders at every level. This unique book takes you step-by-step through the disciplined, yet practical, process of architecting truly integrated marketing communications plans that work. In it, you fill find a prescription for building a successful, rep...
    Disponible

    27,98 €

Otros libros del autor