External preference mapping is widely used in marketing and R&D divisions to understand the consumer behaviour. The most common preference map is obtained through a two-step procedure that combines principal component analysis and least squares regression. The standard approach exploits classical regression and there- fore focuses on the conditional mean. This paper proposes the use of quantile regres- sion to enrich the preference map looking at the whole distribution of the consumer preference. The enriched maps highlight possible different consumer behaviour with respect to the less or most preferred products. This is pursued by exploring the vari- ability of liking along the principal components as well as focusing on the direction of preference. The use of different aesthetics (colours, shapes, size, arrows) equips standard preference map with additional information and does not force the user to change the standard tool she/he is used to. The proposed methodology is shown in action on a case study pertaining yogurt preferences.
A quantile regression perspective on external preference mapping / Davino, Cristina; Naes, Tormod; Romano, Rosaria; Vistocco, Domenico. - In: ASTA. ADVANCES IN STATISTICAL ANALYSIS. - ISSN 1863-818X. - 106:(2022), pp. 545-571. [10.1007/s10182-022-00440-0]
A quantile regression perspective on external preference mapping
Cristina DavinoMembro del Collaboration Group
;Rosaria Romano
Membro del Collaboration Group
;Domenico VistoccoMembro del Collaboration Group
2022
Abstract
External preference mapping is widely used in marketing and R&D divisions to understand the consumer behaviour. The most common preference map is obtained through a two-step procedure that combines principal component analysis and least squares regression. The standard approach exploits classical regression and there- fore focuses on the conditional mean. This paper proposes the use of quantile regres- sion to enrich the preference map looking at the whole distribution of the consumer preference. The enriched maps highlight possible different consumer behaviour with respect to the less or most preferred products. This is pursued by exploring the vari- ability of liking along the principal components as well as focusing on the direction of preference. The use of different aesthetics (colours, shapes, size, arrows) equips standard preference map with additional information and does not force the user to change the standard tool she/he is used to. The proposed methodology is shown in action on a case study pertaining yogurt preferences.File | Dimensione | Formato | |
---|---|---|---|
A quantile regression perspective on external preference mapping.pdf
solo utenti autorizzati
Tipologia:
Documento in Post-print
Licenza:
Accesso privato/ristretto
Dimensione
1.56 MB
Formato
Adobe PDF
|
1.56 MB | Adobe PDF | Visualizza/Apri Richiedi una copia |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.