THE USE OF CONFIGURATIONS OF PURCHASE LIKELIHOODS TO PREDICT AUTO PURCHASES. FAULTY WORKING PAPER

Using consumer panel data, this paper explores the extent to which automobile purchases can be predicted by functions containing purchase likelihoods for automobiles and for other durable goods both in the very recent past and going back further. Despite low goodness-of-fit, predictions of auto purchases are found to be quite high when a logit model is employed.

  • Corporate Authors:

    University of Illinois, Urbana-Champaign

    College of Commerce and Business Administration
    Urbana, IL  United States  61801
  • Authors:
    • Liebman, E
    • Ferber, R
  • Publication Date: 1977-3-10

Media Info

  • Pagination: 14 p.
  • Serial:
    • Issue Number: 385

Subject/Index Terms

Filing Info

  • Accession Number: 00190160
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 11 1979 12:00AM