Title
Optimal designs for conjoint experiments Optimal designs for conjoint experiments
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Amsterdam ,
Subject
Mathematics
Source (journal)
Computational statistics and data analysis. - Amsterdam
Volume/pages
52(2008) :5 , p. 2369-2387-
ISSN
0167-9473
ISI
000253178600007
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
In conjoint experiments, each respondent receives a set of profiles to rate. Sometimes, the profiles are expensive prototypes that respondents have to test before rating them. Designing these experiments involves determining how many and which profiles each respondent has to rate and how many respondents are needed. To that end, the set of profiles offered to a respondent is treated as a separate block in the design and a random respondent effect is used in the model because profile ratings from the same respondent are correlated. Optimal conjoint designs are then obtained by means of an adapted version of an algorithm for finding D-optimal split-plot designs. A key feature of the design construction algorithm is that it returns the optimal number of respondents and the optimal number of profiles each respondent has to evaluate for a given number of profiles. The properties of the optimal designs are described in detail and some practical recommendations are given. © 2007 Elsevier B.V. All rights reserved.
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