GENERALIZATION OF THE ENTROPY MODEL FOR BRAND PURCHASE BEHAVIOR.
Naval research logistics quarterly , Volume 31 - Issue 2 p. 183- 198
J. D. Herniter's entropy model for brand purchase behavior has been generalized for A. Renyi's measure of entropy which is a more general concept than C. E. Shannon's measure of entropy used by Herniter and which includes Shannon's measure as a limiting case. The generalized model considered here is more flexible than Herniter's model since it can give different marketing statistics for different products and it can give these statistics even when only some of the brands are considered.
|Naval research logistics quarterly|
|Organisation||Sprott School of Business|
Kapur, J.N. (J. N.), Bector, C.R. (C. R.), & Kumar, U. (1984). GENERALIZATION OF THE ENTROPY MODEL FOR BRAND PURCHASE BEHAVIOR. Naval research logistics quarterly, 31(2), 183–198. doi:10.1002/nav.3800310203