Abstract
The predictive validity of the two methods, Aspiration-level interactive method (AIM) and conjoint analysis, used for solving decision problems involving discrete alternatives are compared. An empirical analysis based on subjects’ preferences for a multiattribute product (buying a house) and a service (selecting an MBA program for study) indicated that consumer preferences derived from AIM may be more valid than the preferences derived from the full-profile conjoint analysis method.
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Angur, M., Lotfi, V. (1997). A Comparison of Aspiration Level Interactive Method (AIM) and Conjoint Analysis in Multiple Criteria Decision Making. In: Karwan, M.H., Spronk, J., Wallenius, J. (eds) Essays In Decision Making. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-60663-2_5
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DOI: https://doi.org/10.1007/978-3-642-60663-2_5
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