Investigating consumers’ store-choice behavior via hierarchical variable selection

  title={Investigating consumers’ store-choice behavior via hierarchical variable selection},
  author={Toshiki Sato and Yuichi Takano and Takanobu Nakahara},
  journal={Advances in Data Analysis and Classification},
This paper is concerned with a store-choice model for investigating consumers’ store-choice behavior based on scanner panel data. Our store-choice model enables us to evaluate the effects of the consumer/product attributes not only on the consumer’s store choice but also on his/her purchase quantity. Moreover, we adopt a mixed-integer optimization (MIO) approach to selecting the best set of explanatory variables with which to construct the store-choice model. We devise two MIO models for… 
Prediction of hierarchical time series using structured regularization and its application to artificial neural networks
The proposed method is based on a prediction model for bottom-level time series and uses a structured regularization term to incorporate upper-level forecasts into the prediction model, and develops a backpropagation algorithm specialized for applying the method to artificial neural networks for time series prediction.


How Does Assortment Affect Grocery Store Choice?
The authors investigate the impact of product assortments, along with convenience, prices, and feature advertising, on consumers’ grocery store choice decisions. Extending recent research on store
Using mixed integer optimisation to select variables for a store choice model
This paper develops a store choice model to investigate consumers' store choice behaviour through the use of actual scanner panel data. For this purpose, we use the variable selection method proposed
Store format choice and shopping trip types
Purpose – The purpose of the paper is to identify store format attributes that impact on store format choice when consumers conduct fill‐in or major trips to buy groceries. By doing so, we take into
The Influence of Multiple Store Environment Cues on Perceived Merchandise Value and Patronage Intentions
Research on how store environment cues influence consumers' store choice decision criteria, such as perceived merchandise value and shopping experience costs, is sparse. Especially absent is research
Modeling choice among assortments.
In this paper we propose a model for describing consumer decision making among assortments or menus of options from which a single option will be chosen at a later time. Central to the derivation of
Decision Focus and Consumer Choice Among Assortments
This research examines an empirical paradox documented by prior research: when choosing among assortments, consumers opt for the variety offered by larger assortments; however, consumers often are
Determinants of retail patronage: A meta-analytical perspective
The Choice Theory Approach to Market Research
This paper surveys economic choice theory, stressing developments that permit use of data from psychometric and conjoint experiments to produce market demand forecasts. Alternatives to the widely
Mixed integer quadratic optimization formulations for eliminating multicollinearity based on variance inflation factor
This paper considers how to select a subset of significant variables by means of the variance inflation factor (VIF) to select the best subset of explanatory variables subject to the upper bounds on the VIFs of selected variables.