IDEAS home Printed from https://ideas.repec.org/a/aio/manmar/vviiy2009i1p69-74.html
   My bibliography  Save this article

A Evaluation Of Consumer’S Preferences In The Cluj-Napoca Retail Market Based On A Multinomial Logit Model

Author

Listed:
  • Ciprian Marcel POP
  • Andrei Mircea SCRIDON
  • Dan Cristian DABIJA

    (Babes-Bolyai University of Cluj-Napoca)

Abstract

A long period of time investors were interested in the Bucharest market, but the need for investment in the rest of the country, coupled with the high potential markets present there, resulted in increasingly more investors interested in Romania, switching to provincial cities. The application presented in this paper involves clients of several types of retail stores present in the commercial area of Cluj-Napoca. The results obtained in the study, through the multinomial logit model, show different aspects of the client’s behaviour from the Romanian retail market.

Suggested Citation

  • Ciprian Marcel POP & Andrei Mircea SCRIDON & Dan Cristian DABIJA, 2009. "A Evaluation Of Consumer’S Preferences In The Cluj-Napoca Retail Market Based On A Multinomial Logit Model," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 69-74, November.
  • Handle: RePEc:aio:manmar:v:vii:y:2009:i:1:p:69-74
    as

    Download full text from publisher

    File URL: http://www.mnmk.ro/documents/2009/6_MarcelPOP_FFF.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Berger, Allen N. & Dai, Qinglei & Ongena, Steven & Smith, David C., 2003. "To what extent will the banking industry be globalized? A study of bank nationality and reach in 20 European nations," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 383-415, March.
    2. Blochlinger, Andreas & Leippold, Markus, 2006. "Economic benefit of powerful credit scoring," Journal of Banking & Finance, Elsevier, vol. 30(3), pages 851-873, March.
    3. Oana Preda & Costel Negricea, 2007. "The retail market around the world," Romanian Economic Business Review, Romanian-American University, vol. 2(3), pages 13-24, September.
    4. Hess, Stephane & Polak, John W., 2006. "Exploring the potential for cross-nesting structures in airport-choice analysis: A case-study of the Greater London area," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 42(2), pages 63-81, March.
    5. Liao, Huei-Chu & Chang, Tsai-Feng, 2002. "Space-heating and water-heating energy demands of the aged in the US," Energy Economics, Elsevier, vol. 24(3), pages 267-284, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nicholas Rivers and Leslie Shiell, 2016. "Free-Riding on Energy Efficiency Subsidies: the Case of Natural Gas Furnaces in Canada," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    2. Tooraj Jamasb & Helena Meier, 2010. "Energy Spending and Vulnerable Households," Working Papers EPRG 1101, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    3. Cosnita-Langlais, Andreea, 2012. "Horizontal market concentration: Theoretical insights from spatial models," Research in Economics, Elsevier, vol. 66(1), pages 22-32.
    4. Alberini, Anna & Gans, Will & Velez-Lopez, Daniel, 2011. "Residential consumption of gas and electricity in the U.S.: The role of prices and income," Energy Economics, Elsevier, vol. 33(5), pages 870-881, September.
    5. Romero-Jordán, Desiderio & del Río, Pablo & Peñasco, Cristina, 2016. "An analysis of the welfare and distributive implications of factors influencing household electricity consumption," Energy Policy, Elsevier, vol. 88(C), pages 361-370.
    6. Linda S. Goldberg & April Meehl, 2020. "Complexity in Large U.S. Banks," Economic Policy Review, Federal Reserve Bank of New York, vol. 26(2), pages 1-29, March.
    7. Alberto Franco Pozzolo, 2009. "Bank Cross-Border Mergers and Acquisitions: Causes, Consequences, and Recent Trends," Springer Books, in: Alberto Zazzaro & Michele Fratianni & Pietro Alessandrini (ed.), The Changing Geography of Banking and Finance, edition 1, chapter 0, pages 155-183, Springer.
    8. Bravo, Cristián & Maldonado, Sebastián & Weber, Richard, 2013. "Granting and managing loans for micro-entrepreneurs: New developments and practical experiences," European Journal of Operational Research, Elsevier, vol. 227(2), pages 358-366.
    9. Alin Marius Andrieş & Mihaela Brodocianu & Nicu Sprincean, 2023. "The role of institutional investors in the financial development," Economic Change and Restructuring, Springer, vol. 56(1), pages 345-378, February.
    10. Walter Krämer & Michael Bücker, 2011. "Probleme des Qualitätsvergleichs von Kreditausfallprognosen," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 5(1), pages 39-58, March.
    11. Rais Ahmad Itoo & A. Selvarasu & José António Filipe, 2015. "Loan Products and Credit Scoring by Commercial Banks (India)," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(1), pages 851-851.
    12. Ongena, Steven & Giannetti, Mariassunta, 2005. "Financial Integration and Entrepreneurial Activity: Evidence from Foreign Bank Entry in Emerging Markets," CEPR Discussion Papers 5151, C.E.P.R. Discussion Papers.
    13. Juha-Pekka Niinimäki & Tuomas Takalo, 2007. "Benchmarking and Comparing Entrepreneurs with Incomplete Information," Finnish Economic Papers, Finnish Economic Association, vol. 20(2), pages 91-107, Autumn.
    14. Yang, Chih-Wen & Lu, Jin-Long & Hsu, Chun-Yen, 2014. "Modeling joint airport and route choice behavior for international and metropolitan airports," Journal of Air Transport Management, Elsevier, vol. 39(C), pages 89-95.
    15. Michelsen, Carl Christian & Madlener, Reinhard, 2016. "Switching from fossil fuel to renewables in residential heating systems: An empirical study of homeowners' decisions in Germany," Energy Policy, Elsevier, vol. 89(C), pages 95-105.
    16. Turk Ariss, Rima, 2010. "On the implications of market power in banking: Evidence from developing countries," Journal of Banking & Finance, Elsevier, vol. 34(4), pages 765-775, April.
    17. Bank for International Settlements, 2010. "Research on global financial stability: the use of BIS international financial statistics," CGFS Papers, Bank for International Settlements, number 40, december.
    18. Bergantino, Angela Stefania & Madio, Leonardo, 2017. "High-speed rail, inter-modal substitution and willingness-to-pay. A stated preference analysis for the ‘Bari-Rome’," Working Papers 17_6, SIET Società Italiana di Economia dei Trasporti e della Logistica.
    19. Claudia M. Buch & John C. Driscoll & Charlotte Ostergaard, 2010. "Cross‐Border Diversification in Bank Asset Portfolios," International Finance, Wiley Blackwell, vol. 13(1), pages 79-108, March.
    20. de Luca, Stefano, 2012. "Modelling airport choice behaviour for direct flights, connecting flights and different travel plans," Journal of Transport Geography, Elsevier, vol. 22(C), pages 148-163.

    More about this item

    Keywords

    discrete choice; multinomial logit model; retail market;
    All these keywords.

    JEL classification:

    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:manmar:v:vii:y:2009:i:1:p:69-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin Barbu (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.