Thirty Years of Conjoint Analysis: Reflections and Prospects

Paul E. Green, Abba M. Krieger and Yoram Wind
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Paul E. Green: Suite 1400, Steinberg Hall-Dietrich Hall, The Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania 19104-6371
Abba M. Krieger: Suite 3000, Steinberg Hall-Dietrich Hall, The Wharton School
Yoram Wind: Suite 1400, Steinberg Hall-Dietrich Hall, The Wharton School

Interfaces, 2001, vol. 31, issue 3_supplement, S56-S73

Abstract: Conjoint analysis is marketers' favorite methodology for finding out how buyers make trade-offs among competing products and suppliers. Conjoint analysts develop and present descriptions of alternative products or services that are prepared from fractional factorial, experimental designs. They use various models to infer buyers' part-worths for attribute levels, and enter the part-worths into buyer-choice simulators to predict how buyers will choose among products and services. Easy-to-use software has been important for applying these models. Thousands of applications of conjoint analysis have been carried out over the past three decades.

Keywords: MARKETING—CHOICE MODELS; MARKETING—NEW PRODUCTS (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (150)

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