Statistical brand switching model: an Hidden Markov approach.

Autor: Kumaraswamy, K., Bhatracharyulu, N. Ch.
Zdroj: OPSEARCH; Jun2023, Vol. 60 Issue 2, p942-950, 9p
Abstrakt: Customer's choice study described as the state of decisions and actions which influence the purchase behavior. The purchase process is influenced by inheritably hidden factors that create stimuli to purchase repeatedly or switching among the products. A statistical model is constructed to capture and quantify the relationships between the attitudes of the consumers. The statistical model used for the estimating the optimum possible sequence probabilities in repeat purchase and switching behavior. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index