Note—Relaxing the Loyalty Condition in the Colombo/Morrison Model
Robert F. Bordley
Additional contact information
Robert F. Bordley: General Motors Research Labs
Marketing Science, 1989, vol. 8, issue 1, 100-103
Abstract:
This note derives the Colombo/Morrison ‘hard-core loyal/potential switcher' model without assuming the existence of either hard-core loyals or potential switchers. We only assume that the relative probability of buying a product other than what one purchased previously is independent of this previous purchase. This result significantly extends the applicability of the Colombo/Morrison model.
Keywords: mover/stayer models; loyalty; repurchase behavior (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://dx.doi.org/10.1287/mksc.8.1.100 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:inm:ormksc:v:8:y:1989:i:1:p:100-103
Access Statistics for this article
More articles in Marketing Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().