A bayesian vector multidimensional scaling procedure for the analysis of ordered preference data

Duncan K.H. Fong, Wayne S. Desarbo, Joonwook Park, Crystal J. Scott

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

Multidimensional scaling (MDS) comprises a family of geometric models for the multidimensional representation of data and a corresponding set of methods for fitting such models to actual data. In this paper, we develop a new Bayesian vector MDS model to analyze ordered successive categories preference/dominance data commonly collected in many social science and business studies. A joint spatial representation of the row and column elements of the input data matrix is provided in a reduced dimensionality such that the geometric relationship of the row and column elements renders insight into the utility structure underlying the data. Unlike classical deterministic MDS procedures, the Bayesian method includes a probability based criterion to determine the number of dimensions of the derived joint space map and provides posterior interval as well as point estimates for parameters of interest. Also, our procedure models the raw integer successive categories data which ameliorates the need of any data preprocessing as required for many metric MDS procedures. Furthermore, the proposed Bayesian procedure allows external information in the form of an intractable posterior distribution derived from a related dataset to be incorporated as a prior in deriving the spatial representation of the preference data. An actual commercial application dealing with consumers' intentions to buy new luxury sport utility vehicles are presented to illustrate the proposed methodology. Favorable comparisons are made with more traditional MDS approaches.

Original languageEnglish (US)
Pages (from-to)482-492
Number of pages11
JournalJournal of the American Statistical Association
Volume105
Issue number490
DOIs
StatePublished - Jun 1 2010

All Science Journal Classification (ASJC) codes

  • Statistics and Probability
  • Statistics, Probability and Uncertainty

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