Description of purchase incidence by multivariate heterogeneous Poisson processes |
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Authors: | A. W. Hoogendoorn,& D. Sikkel |
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Affiliation: | Economics Institute Tilburg, P.O. Box 90153, 5000 LE Tilburg, The Netherlands,;CentERdata, P.O. Box 90153, 5000 LE Tilburg, The Netherlands |
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Abstract: | In this paper the application of bivariate Poisson heterogeneous models to budget data is studied. This study was motivated from inconsistencies that we encountered when univariate Poisson based models were applied to cumulative data sets. Application of a multivariate Poisson based model is a possible solution to this problem. In this paper we will study the feasibility of estimators based on these models. |
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Keywords: | budget survey consumer models product penetration bivariate gamma distribution latent variable models latent class models |
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