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26-08-2003
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Advanced Econometric Marketing Models
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DENNIS FOK
The present availability of large databases in marketing, concerning, increased demand for appropriate econometric models to deal with these data. The typical database contains information on revealed preferences, measured by for example sales, market shares or brand choices. In this thesis we study econometric models for some of these
DENNIS FOK
for example, store-level sales or individual purchases, has led to an
series, to be precise, we consider market shares, purchase timing and brand choices. These models allow us to, for example, gain insight into topics we discuss are heterogeneity in decision processes and the development of easily interpretable models to capture dynamical features in market shares and interpurchase times. Additionally, we contribute to the econometric literature by extending and developing models and estimation techniques.
ERIM The Erasmus Research Institute of Management (ERIM) is the Research School (Onderzoekschool) in the field of management of the Erasmus University Rotterdam. The founding participants of ERIM are the Rotterdam School of Management and the Rotterdam School of Economics. ERIM was founded in 1999 and is officially accredited by the Royal Netherlands Academy of Arts and Sciences (KNAW). The research undertaken by ERIM is focussed on the management of the firm in its environment, its intra- and inter-firm relations, and its business processes in their interdependent connections. The objective of ERIM is to carry out first rate research in management, and to offer an advanced graduate program in Research in Management. Within ERIM, over two hundred senior researchers and Ph.D. candidates are active in the different research programs. From a variety of academic backgrounds and expertises, the ERIM community is united in striving for excellence and working at the forefront of creating new business knowledge. The ERIM PhD Series contains Dissertations in the field of Research in Management defended at Erasmus University Rotterdam. The Dissertations in the Series are available in two ways, printed and electronical. ERIM Electronic Series Portal: http://hdl.handle.net/1765/1.
www.research-in-management.nl/
ISBN 90-5892-049-6
Advanced Econometric Marketing Models
the effect of marketing instruments on consumer behavior. Examples of
Advanced Econometric Marketing Models