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Modeling Markets - Analyzing Marketing Phenomena and Improving Marketing Decision Making (Hardcover, 2015 ed.)
Loot Price: R4,635
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Modeling Markets - Analyzing Marketing Phenomena and Improving Marketing Decision Making (Hardcover, 2015 ed.)
Series: International Series in Quantitative Marketing
Expected to ship within 12 - 17 working days
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This book is about how models can be developed to represent demand
and supply on markets, where the emphasis is on demand models. Its
primary focus is on models that can be used by managers to support
marketing decisions. Modeling Markets presents a comprehensive
overview of the tools and methodologies that managers can use in
decision making. It has long been known that even simple models
outperform judgments in predicting outcomes in a wide variety of
contexts. More complex models potentially provide insights about
structural relations not available from casual observations. In
this book, the authors present a wealth of insights developed at
the forefront of the field, covering all key aspects of
specification, estimation, validation and use of models. The most
current insights and innovations in quantitative marketing are
presented, including in-depth discussion of Bayesian estimation
methods. Throughout the book, the authors provide examples and
illustrations. This book will be of interest to researchers,
analysts, managers and students who want to understand, develop or
use models of marketing phenomena.
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