ISSN:
1573-059X
Keywords:
Cluster Analysis
;
Categorization
;
Sorting Tasks
;
Maximum Likelihood Estimation
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract This paper introduces a new stochastic clustering methodology devised for the analysis of categorized or sorted data. The methodology reveals consumers' common category knowledge as well as individual differences in using this knowledge for classifying brands in a designated product class. A small study involving the categorization of 28 brands of U.S. automobiles is presented where the results of the proposed methodology are compared with those obtained from KMEANS clustering. Finally, directions for future research are discussed.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF00554131
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