Integrating Conjoint and Maximum Difference Scaling Data
成果类型:
Article; Early Access
署名作者:
Liu, YiChun Miriam; Bueschken, Joachim; Orme, Bryan; Allenby, Greg M.
署名单位:
University System of Maryland; Towson University; University System of Ohio; Ohio State University
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2023.02560
发表日期:
2025
关键词:
conjoint analysis
MaxDiff analysis
fixed-point ratings
reference levels
stable preferences
摘要:
Customer preferences for product features play an important role in designing successful goods and services. Preferences for features are typically obtained by utilizing a model of choice where the utility for all but one level of an attribute is estimable. That is, the traditional discrete choice model can provide information on the change in utility between attribute-levels, but cannot separately estimate the utility associated with all levels of an attribute. In this paper, we propose a model that integrates conjoint and Maximum Difference scaling data to identify part-worth utilities for all product features, using the outside good as a common reference level, instead of the usual practice of having a reference level for each product attribute. The preference data are also integrated with satisfaction data to identify market opportunities for new and existing products. We illustrate our model with data from a survey measuring customer satisfaction and preferences for large-screen TVs.