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Perspectives on Multiple Category Choice
Authors:Russell  Gary  Bell  David  Bodapati  Anand  Brown  Christina  Chiang  Joengwen  Gaeth  Gary  Gupta  Sunil  Manchanda  Puneet
Institution:(1) College of Business Administration, The University of Iowa, 108 Pappajohn Business Administration Building, Iowa City, IA, 52242-1000;(2) UCLA, USA;(3) Northwestern University, USA;(4) NYU, USA;(5) Hong Kong University of Science and Technology, USA;(6) USA;(7) USA;(8) Columbia University, USA
Abstract:Multiple category choice is a decision process in which an individualselects a number of goods, all of which are nonsubstitutable with respect toconsumption. Choices can be made either simultaneously or sequentially. Thekey feature of multiple category choice is the treatment of the choices asinterrelated because each item in the final collection of goods contributesto the achievement of a common behavioral goal. We discuss current andpotential applications of psychology, economics and consumer choice theoryin developing models of multiple category choice.
Keywords:multiple category choice  product bundles  market basket models
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