Sentence examples for modelling of preferences from inspiring English sources

There is a long-standing literature on nonparametric and Bayesian modelling of preferences for the study of consumer choice when there is a market for each product, but this work does not apply when such markets fail to exist as is the case with most product attributes.

A single index score was assigned to each health state using the Danish EQ-5D valuation algorithm [ 21], that was developed from regression modelling of preference data elicited from a representative sample (n = 1,332) of the Danish general population using the time trade-off valuation method.

Based on a utility-theoretic model of preferences over length of life, [13] predicts that an individual would be willing to trade one-half a year of additional life expectancy against a reduction of uncertainty by one standard deviation.

This stands in contrast to previous studies which either start with a given list of types or a specific model of preferences.

The survey was grounded on a theoretical model of preferences for place of death which describes preferences as a result of three factors: facilitating circumstances (such as general health, education and income), prior experiences (e.g. experiencing personal illness or caring for someone who is dying) and personal values (such as the importance attributed to dying in the preferred place).

Thus, males from all 10 genotypes tended to agree on which females were most attractive, so the male data are more consistent with an open-ended model of preferences or a unimodal function in which all males share the same peak preference.

18 Coefficients will be adjusted for scale using the Swait and Louviere 19 approach allowing for scale adjusted comparison and the preference data from the subgroups will be tested to determine whether it can be pooled to estimate a joint model of preferences.

Consistent with the landscape model of preference, this study argues that consumers prefer online settings that are high in sense-making and exploration potential as they make consumers feel good and increase their confidence level.

For background on quantitative models of preference and decision, see Doyle & Thomason 1999.

4. A variety of models of preference change have been proposed that differ in what they want to achieve.

Hansson (1995) suggests the differentiation of valuational change into preference formation and preference change, and constructs a formalised model of preference change proper.