Multivariate Logit and Probit models for simultaneous purchases: Presentation, uses, appeal and limitations - Archive ouverte HAL
Article Dans Une Revue Recherche et Applications en Marketing (English Edition) Année : 2014

Multivariate Logit and Probit models for simultaneous purchases: Presentation, uses, appeal and limitations

Philippe Aurier

Résumé

This article presents Multivariate Logit (MVL) and Probit (MVP) models, which make it possible to analyse simultaneous purchases and relax the restrictive hypothesis that utility maximization leads to a single choice. These models enable a deeper analysis of competitive dynamics in a given category (variety seeking, complementarity, substitutability). The MVL model using a random parameter specification is illustrated in relation to the chocolate category. We underline the advantages and limitations of these models and propose new research avenues.
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Dates et versions

hal-02014789 , version 1 (11-02-2019)

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Philippe Aurier, Victor Mejia. Multivariate Logit and Probit models for simultaneous purchases: Presentation, uses, appeal and limitations. Recherche et Applications en Marketing (English Edition), 2014, 29 (2), pp.75-94. ⟨10.1177/2051570714535531⟩. ⟨hal-02014789⟩
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