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Choice Models in Marketing examines recent developments in the
modeling of choice for marketing and reviews a large stream of
research currently being developed by both quantitative and
qualitative researches in marketing. Choice in marketing differs
from other domains in that the choice context is typically very
complex, and researchers' desire knowledge of the variables that
ultimately lead to demand in marketplace. The marketing choice
context is characterized by many choice alternatives. The aim of
Choice Models in Marketing is to lay out the foundations of choice
models and discuss recent advances. The authors focus on aspects of
choice that can be quantitatively modeled and consider models
related to a process of constrained utility maximization. By
reviewing the basics of choice modeling and pointing to new
developments, Choice Models in Marketing provides a platform for
future research.
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