The Heterogeneity Model and its Special Cases. An Illustrative Comparison.

In this paper we carry out fully Bayesian analysis of the general heterogeneity model, which is a mixture of random effects model, and its special cases, the random coefficient model and the latent class model. Our application comes from Conjoint analysis and we are especially interested in what is...

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Bibliographic Details
Main Authors: Tüchler, Regina, Frühwirth-Schnatter, Sylvia, Otter, Thomas
Format: Others
Language:en
Published: SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business 2002
Subjects:
Online Access:http://epub.wu.ac.at/230/1/document.pdf