Conjoint Analysis
23. June 2007 12:29Conjoint is a compensatory multiattribute model - it assumes that weakness on one attribute can be compensated for by strength in another. It assumes that the utility or value for a product can be expressed as a sum of utilities for its features or attributes.
U=U(a1)+U(a2)+U(a3)+ ...Working assumptions:
Next, we can ask customer to rank or rate, the profiles. The table below present rankings for a hypothetical customer, the profiles are coded as dummy variables
data choc; input Chocolate $ Center $ Nuts $& Rating; datalines; Dark Chewy Nuts 7 Dark Chewy No Nuts 6 Dark Soft Nuts 6 Dark Soft No Nuts 4 Milk Chewy Nuts 9 Milk Chewy No Nuts 8 Milk Soft Nuts 9 Milk Soft No Nuts 7
PROC TRANSREG is used to perform a metric conjoint analysis. ods exclude notes mvanova anova; proc transreg utilities separators=", " short; title2 "Metric Conjoint Analysis"; model identity(rating) = class(chocolate center nuts / zero=sum); run;
The specification class(chocolate center nuts / zero=sum) designates the attributes as class variables with the restrictionthat the part-worth utilities sum tozero within each attribute.

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