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A Comparison Between Correspondence Analysis And Categorical Conjoint Measurement

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Author Info
Anna Torres-Lacomba ()

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Abstract

We show the equivalence of using correspondence analysis of concatenated tables and a particular algorithm of conjoint analysis named categorical conjoint measurement. The connection is made using canonical correlation. However, although we have proved that equivalence, the standard practice of conjoint analyses to focus in one dimension (the optimal solution) has some shortcomings once we introduce interaction effects. In that case, the use of visual techniques, like correspondence analysis, provides a faster and easier way to compile the preference structure. Finally, we provide an application of our setting making use of an experiment of perfumes where interaction effects between type of essences and strength of essences are shown.

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Paper provided by Universidad Carlos III, Departamento de Economía de la Empresa in its series Business Economics Working Papers with number wb037117.

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Date of creation: Jan 2003
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Handle: RePEc:cte:wbrepe:wb037117

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  1. Anna Torres, 2001. "Correspondence Analysis and Categorical Conjoint Measurement," Economics Working Papers 569, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  2. Carl Eckart & Gale Young, 1936. "The approximation of one matrix by another of lower rank," Psychometrika, Springer, vol. 1(3), pages 211-218, September. [Downloadable!] (restricted)
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