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INCDM
2009
Springer

Ordinal Evaluation: A New Perspective on Country Images

14 years 6 months ago
Ordinal Evaluation: A New Perspective on Country Images
We present a novel use of ordinal evaluation (OrdEval) algorithm as a promising technique to study various marketing phenomena. OrdEval algorithm has originated in data mining and is a general tool to analyze data with ordinal attributes, including surveys. Its many favorable features, including context sensitivity, ability to exploit meaning of ordered features and ordered response, and robustness to noise and missing values in the data, offer marketing practitioners a perspective, not available with classical analytical toolbox. We present a case study applying OrdEval algorithm on country-of-origin (COO) information. We demonstrate some interesting advantages it has to offer and show how to extract and interpret new insights allowing marketing practitioners to further optimize the management of products abroad. Data for the empirical study was gathered by means of 1225 questionnaires. Results indicate that, contrary to the classical view on COO-effects, the processing of country-rel...
Marko Robnik-Sikonja, Kris Brijs, Koen Vanhoof
Added 26 May 2010
Updated 26 May 2010
Type Conference
Year 2009
Where INCDM
Authors Marko Robnik-Sikonja, Kris Brijs, Koen Vanhoof
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