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http://dx.doi.org/10.7469/JKSQM.2017.45.1.055

Conjoint analysis by merging attributes  

Lim, Yong B. (Department of Statistics, Ewha Womans University)
Park, Gahee (Department of Statistics, Ewha Womans University)
Chung, Jong Hee (Department of Statistics, Ewha Womans University)
Publication Information
Abstract
Purpose: A large number of attributes with mixed levels are often considered in the conjoint analysis. The respondents may have difficulty with scoring their preferences accurately because of many attribute items involved in each survey question. We research on the technique for reducing the number of attribute items. Methods: In order to reduce the number of attribute items in a survey question, we make a new attribute by merging two original attributes. A 'No question' option is also included as a new level in a merged attribute. Results: We propose BIB $6^4$ design in the case where we have four attributes with 2 levels and 3 levels, respectively and then analyze all the respondents survey data generated by the repeated simulation study in order to compare various model selection methods. Conclusion: How to reduce the number of attribute items is proposed and how to design and analyze the survey data are illustrated.
Keywords
Conjoint analysis; Merging attributes; Variable selection methods and model seletion criteria; BIB fractional factorial design;
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Times Cited By KSCI : 2  (Citation Analysis)
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1 Bland, J. M., and Altman, D. G. 1995. "Multiple significance tests: the Bonferroni method." Bmj 310(6973):170.   DOI
2 Lim, Yong B., and Chung, Jong Hee. 2016. "Conjoint analysis with mixed levels of attributes." Journal of the Korean society for Quality Management 44(4):799-811.   DOI
3 Lim, Yong B., Chung, Jong Hee, and Kim, Joo H. 2015. "Practical designs, analysis and concepts optimization in conjoint Analysis." Korean Journal of Applied Statistics 28(5):951-963.   DOI