| Course ID: | MARK 7700. 3 hours. |
| Course Title: | Discrete Choice and Conjoint Analysis |
Course Description: | A practitioner-oriented introduction to conjoint and discrete
choice analysis. Topic coverage includes self-explicated
approaches, full profile ratings/rankings conjoint, hybrid
methods, choice based conjoint, latent class and hierarchical
bayes methodologies. Students receive hands-on experience
applying the different methods from questionnaire design and
modeling to development of market simulation tools. |
| Oasis Title: | DISC CH/CONJ ANALYS |
| Prerequisite: | Permission of department |
Semester Course Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Upon completion of this course, students should be able to:
1) Define and explain the following concepts: Conjoint analysis
(full profile, self-explicated, hybrid methods (including
adaptive conjoint analysis (ACA)), discrete choice analysis,
experimental design for conjoint and discrete choice, latent
class methods, hierarchical bayes methods.
2) Perform conjoint and discrete choice analysis for real
marketing research applications. Tasks would include:
formulation of the problem, questionnaire construction, creation
of the appropriate design, model estimation and analysis,
validation, reporting results and prediction.
3) Evaluate, interpret, and utilize conjoint and discrete choice
studies performed by others.
4) Recall recent advances in conjoint and discrete choice that
appear in the practitioner oriented literature. |
| Topical Outline: | Conjoint Analysis Fundamentals and Self-Explicated Methods
Reporting Conjoint Results: Descriptives and Conjoint Simulators
Experimental Design for Conjoint
Conjoint Modeling and Estimation
Conjoint Applications
Discrete Choice Fundamentals
Experimental Design for Discrete Choice Analysis
Discrete Choice Modeling and Estimation
Reporting Discrete Choice Results: Descriptives and Discrete
Choice Simulators
Discrete Choice Applications
Latent Class Methods
Hierarchical Bayes Methods |