Market share analysis using semi-parametric attraction models

Hruschka, Harald (2002) Market share analysis using semi-parametric attraction models. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 138 (1). pp. 212-225. ISSN 0377-2217

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Abstract

Attraction models used to analyze the effects of marketing instruments on market share hitherto assume certain strict functional forms. We introduce semi-parametric models whose parametric components are equivalent to an exponential or multiplicative function. The nonparametric part is estimated on the basis of penalized generalized least squares taking into account smoothness of nonlinear functions. In the empirical study presented market share models with semi-parametric additive brand attractions attain better fits both according to an information criterion that penalizes a model for degrees of freedom (df) consumed and according to error measures determined by bootstrapping. (C) 2002 Elsevier Science B.V. All rights reserved.

Item Type: Article
Uncontrolled Keywords: PRICE; REGRESSION; ELASTICITY; BRAND; SALES; marketing; regression; market share models; attraction models; semi-parametric models
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Marketing (Prof. Dr. Harald Hruschka)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 02 Nov 2021 13:28
Last Modified: 02 Nov 2021 13:28
URI: https://pred.uni-regensburg.de/id/eprint/40411

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