Bayesian Statistics and Marketing

作者: Greg M. Allenby , Peter E. Rossi

DOI: 10.2139/SSRN.320740

关键词:

摘要: Bayesian methods have become widespread in the marketing literature. We review essence of approach and explain why it is particularly useful for problems. While appeal has long been noted by researchers, recent developments computational expanded availability detailed marketplace data fueled growth marketing. emphasize modularity flexibility modern approaches. Finally, usefulness situations which there limited information about a large number units or where comes from different sources noted.

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