Bayesian statistics and marketing Rossi, Peter E.
Material type: TextSeries: Wiley series in probability and statisticsPublication details: New Jersey John Wiley & Sons, Ltd 2005 Description: x, 348 p. illISBN:- 0470863676
- 9780470863671
- 658.83
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|
Book | Ahmedabad | 658.83 R6B2 (Browse shelf(Opens below)) | Available | 159966 |
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658.83 R4C6 Consumer behaviour: behavioural aspects of marketing | 658.83 R4S2 Satisfying: the experienced on-line shopper: global e-shopping survey | 658.83 R6B2 Bayesian statistics and marketing | 658.83 S2C61 Consumer behaviour in Asia | 658.83 S6C6/2003 Consumer behaviour: buying, having, and being | 658.83 S6F8 Fundamentals of marketing research |
Includes bibliographical references (p. [335]-339) and index.
The past decade has seen a dramatic increase in the use of Bayesian methods in marketing due, in part, to computational and modeling breakthroughs, making its implementation ideal for many marketing problems. Bayesian analyses can now be conducted over a wide range of marketing problems, from new product introduction to pricing, and with a wide variety of different data sources. Bayesian Statistics and Marketing describes the basic advantages of the Bayesian approach, detailing the nature of the computational revolution. Examples contained include household and consumer panel data on product purchases and survey data, demand models based on micro-economic theory and random effect models used to pool data among respondents. The book also discusses the theory and practical use of MCMC methods
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