An Incentive-Aligned Mechanism for Conjoint Analysis

By Min Ding. 2007

234 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing

View Paper: https://www.semanticscholar.org/paper/b009a6a98eaa06ed4f9c0b709c307b73eb33481d

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Citations in the corpus

Remanufacturing, Third-Party Competition, and Consumers' Perceived Value of New Products (2012, methodology): “…that the individuals’ partworths are given by a multivariate normal distribution, and a participant’s probability of choosing a particular alternative is given by a multinomial logit model (see Ding 2007, Sawtooth Software 2009, and Miller et al. 2011 for further details about this procedure).”
Accurately measuring willingness to pay for consumer goods: a meta-analysis of the hypothetical bias (2019, background): “Ding (2007) also incorporates the idea of the BDM lottery, proposing that participants could take part in a conjoint task, from which it is possible to infer their WTP for one specific product, according to the person’s choices in the conjoint task.”
Should Reference Alternatives in Pivot Design SC Surveys be Treated Differently? (2009, background): “Ding 2007; Rousseas and Hart 1951) and individual customisation of SC choice tasks to respondent specific experiences (e.g.”
Some Simple Economics of Crowdfunding (2014, unknown): “Many platforms accept funds and projects from any country, and the rate of adoption of crowdfunding across different geographic regions will not be exogenous to their existing level and type of inventive activity.”
Whatever the customer wants, the customer gets? Exploring the gap between consumer preferences and default electricity products in Germany (2013, background): “It may also be worth exploring approaches developed in the marketing literature, such as incentive-aligned choice based conjoint analysis (ICBC, Ding, 2007), where hypothetical choices are combined with experimental purchasing decisions by respondents.”
Revisiting Cheap Talk with New Evidence from a Field Experiment (2011, background): “Precedence for this can be seen in Irwin et al. (1998), Wertenbroch and Skiera (2002), and Ding (2007), who all utilized elicitation procedures that involved the BDM mechanism.”
Beyond conjoint analysis: Advances in preference measurement (2008, methodology): “Another method to increase consumer involvement is to replace the commonly used hypothetical data collection exercises with incentive-aligned tasks, in which respondents have to “live with” their decisions (Ding 2007; Ding et al. 2005; Park et al. 2008; Prelec 2001).”
Effects of brand attitude and eWOM on consumers’ willingness to pay in the banking industry: Mediating role of consumer-brand identification and brand equity (2018, methodology): “For instance, the use of conjoint analysis is often used to determine WTPp (see, for example, Ding, 2007).”
The Role of Perceived Quality Risk in Pricing Remanufactured Products (2017, background): “Further, future research might consider the interacting effects of speciﬁc product characteristics and the effects of the perceived risk of buying remanufactured products via conjoint analysis (Ding 2007).”
GDP-B: Accounting for the Value of New and Free Goods in the Digital Economy (2019, unknown): “Before participants made the decision, we informed them that their decisions were consequential such that we would randomly pick one out of every 200 participants and fulfil that person’s selection (Ding, Grewal and Liechty 2005; Ding 2007; Carson, Groves and List 2014).”
A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard (2017, background): “Indeed, Dingman (2013) reports that exactly this occurred in the case of the Pebble Smart Watch.”