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Preference Elicitation [Conjoint Analysis]. Conjoint Analysis Market research: assess consumer’s preferences on homogenous class of products Approach:

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Presentation on theme: "Preference Elicitation [Conjoint Analysis]. Conjoint Analysis Market research: assess consumer’s preferences on homogenous class of products Approach:"— Presentation transcript:

1 Preference Elicitation [Conjoint Analysis]

2 Conjoint Analysis Market research: assess consumer’s preferences on homogenous class of products Approach: describe products in terms of attributes and levels [conjoint structure]. Example: Cars = (Max.Speed) x (Gas Mileage) Max. Speed = { 100 mph, 120 mph, 150 mph} Gas Mileage = { 20 mpg, 17 mpg, 13 mpg, 10 mpg}

3 Pairwise Comparsions  150 mph  10 mpg  100 mph  20 mpg Which car are you more likely to buy?  100 mph  13 mpg  120 mph  17 mpg Tradeoff!

4 Marketing Approach  Given a set of products X  Elicit consumer’s preferences from pairwise comparisons [simulates real choice tasks]  Only small [constant] number of questions per respondent  For each respondent value function v: X →[0,1]

5 Optimizing Visualization Systems Which (volume) rendering shows more detail?

6 Optimizing Visualization Systems Which (volume) rendering do you like better?

7 Optimizing Visualization Systems Which (volume) rendering shows more detail?

8 Optimizing Visualization Systems Which (volume) rendering shows more detail?

9 Netflix Challenge

10 http://www.netflixprize.com/index

11 Netflix Challenge

12  Challenge: From given ratings predict rating of unrated movies.  Training data set: >100 million ratings from >480 thousand customers on ~18 thousand movies.  Test data: 2.8 million customer/movie pairs with the ratings withheld.  Compare to Netflix’ predictor ‘Cinematch’  Quality measure: root mean square error

13 Surface Reconstruction

14 Surface reconstruction

15 Surface Reconstruction


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