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- W2011563661 abstract "In frequently-purchased-consumer-goods markets, consumer brand choices exhibit substantial persistence across purchase occasions. In this article, I estimate a choice model that admits of both heterogeneity in preferences and true state dependence as sources of this persistence, using Nielsen scanner data on ketchup. I find evidence for true state dependence in the choice process, even after controlling for a rich heterogeneity structure. Simulation of the model indicates that the long-term effect of a promotion-induced purchase on future purchase probabilities is positive but small." @default.
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- W2011563661 title "Modeling Heterogeneity and State Dependence in Consumer Choice Behavior" @default.
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- W2011563661 doi "https://doi.org/10.1080/07350015.1997.10524709" @default.
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