Discovery Projects - Grant ID: DP0880074

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0880074

Funding Status
Closed

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Funded Activity Summary

Latent variable modelling of discrete choice experiments. Discrete choice experiments and models are used to forecast consumer responses to changes in products policies and programs worldwide. Recent research suggests key model assumptions are violated because error variances covary with observed and unobserved factors. In order to address this, we will model systematic relationships between error variances and observed (eg, prices, survey length) and unobserved (eg, 'convenience', 'reputation') factors to improve model reliability and accuracy. This should lead to more accurate models/forecasts, benefitting business and government, which addresses the national priority of 'frontier technologies, promoting an innovative culture and economy'.

Funded Activity Details

Start Date: 01-02-2008

End Date: 30-06-2011

Funding Scheme: Discovery Projects

Funding Amount: $250,780.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Marketing And Market Research | Econometric And Statistical Methods | Marketing

ANZSRC Socio-Economic Objective (SEO)

Microeconomic issues not elsewhere classified | Marketing |

Other Keywords

Econometric And Statistical Methods | Marketing | Marketing And Market Research | Microeconomic issues not elsewhere classified

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