External preference mapping is widely used in marketing and R&D divisions to understand the consumer behaviour. The most common preference map is obtained through a two-step procedure that combines principal component analysis and least squares regression. The standard approach exploits classical regression and there- fore focuses on the conditional mean. This paper proposes the use of quantile regres- sion to enrich the preference map looking at the whole distribution of the consumer preference. The enriched maps highlight possible different consumer behaviour with respect to the less or most preferred products. This is pursued by exploring the vari- ability of liking along the principal components as well as focusing on the direction of preference. The use of different aesthetics (colours, shapes, size, arrows) equips standard preference map with additional information and does not force the user to change the standard tool she/he is used to. The proposed methodology is shown in action on a case study pertaining yogurt preferences.

A quantile regression perspective on external preference mapping / Davino, Cristina; Naes, Tormod; Romano, Rosaria; Vistocco, Domenico. - In: ASTA. ADVANCES IN STATISTICAL ANALYSIS. - ISSN 1863-818X. - 106:(2022), pp. 545-571. [10.1007/s10182-022-00440-0]

A quantile regression perspective on external preference mapping

Cristina Davino
Membro del Collaboration Group
;
Rosaria Romano
Membro del Collaboration Group
;
Domenico Vistocco
Membro del Collaboration Group
2022

Abstract

External preference mapping is widely used in marketing and R&D divisions to understand the consumer behaviour. The most common preference map is obtained through a two-step procedure that combines principal component analysis and least squares regression. The standard approach exploits classical regression and there- fore focuses on the conditional mean. This paper proposes the use of quantile regres- sion to enrich the preference map looking at the whole distribution of the consumer preference. The enriched maps highlight possible different consumer behaviour with respect to the less or most preferred products. This is pursued by exploring the vari- ability of liking along the principal components as well as focusing on the direction of preference. The use of different aesthetics (colours, shapes, size, arrows) equips standard preference map with additional information and does not force the user to change the standard tool she/he is used to. The proposed methodology is shown in action on a case study pertaining yogurt preferences.
2022
A quantile regression perspective on external preference mapping / Davino, Cristina; Naes, Tormod; Romano, Rosaria; Vistocco, Domenico. - In: ASTA. ADVANCES IN STATISTICAL ANALYSIS. - ISSN 1863-818X. - 106:(2022), pp. 545-571. [10.1007/s10182-022-00440-0]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/882357
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