The Evaluation and Analysis of Revealed Preferences with Application of R Package Conjoint Cover Image

Pomiar i analiza preferencji wyrażonych z wykorzystaniem pakietu conjoint programu R
The Evaluation and Analysis of Revealed Preferences with Application of R Package Conjoint

Author(s): Marcin Pełka, Aneta Rybicka
Subject(s): Economy, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: evaluation and analysis of preference; conjoint analysis; R software

Summary/Abstract: Conjoint analysis is a statistical method in which consumer preferences are decomposed in order to evaluate: utility function for each attribute, importance of each attribute, market shares simulations and segmentation of consumers.There are many different computer programs that can be applied for conjoint analysis research. The paper presents conjoint package of R software which are useful to evaluate empirical preferences. The R program is more and more popular and many researchers are applying it.The conjoint package of R software is a response to a fact, that not all steps of conjoint analysis were programmed in R. In particular it concerns evaluation of attributes’ importance, market share simulations and interpretation of results.The article presents also results of the evaluation of wine consumers’ preferences with application of conjoint package, market share simulations and segmentation of consumers

  • Issue Year: 59/2012
  • Issue No: 3
  • Page Range: 302-315
  • Page Count: 14
  • Language: Polish
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