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Analyzing heterogeneity in conjoint estimates of residential preferences
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Analyzing heterogeneity in conjoint estimates of residential preferences Eric J.E. Molin1, Harmen Oppewal2 and Harry J.P. Timmermans3 | (1) | Delft University of Technology, The Netherlands |
| (2) | School of Management Studies, University of Surrey, U.K |
| (3) | Eindhoven University of Technology, The Netherlands |
Abstract Conjoint estimates of residential preferencesare typically based on aggregate responses. Forreasons of segmentation or to differentiatebetween non-significant housing attributes andattributes that are characterized byconflicting preferences, further analysis isrequired. In this paper, the heterogeneity inthe conjoint estimates of residentialpreferences of families is analyzed. It isexamined how the estimated part-worth utilitiesof the housing attributes are related to thesocio-economic variables and current housingattributes by applying regression analysis.Although the explained variance was rather low,suggesting that residential preferences offamilies are highly idiosyncratic, therelationships that were significant could beinterpreted well. conjoint analysis - group decision-making - heterogeneity - hierarchical information integration - residential preferences
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