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Price Adjustements in ACBC

If - in the ACBC Piano example - price adjustments are done for premium brands: Is it feasible to run HB standard or should an interdependence be added?

A bit more complicated is insurances: If one attribute would be "covered persons" (single person, group of persons) another would be "geographic coverage" (1 country, all world) it is clear that price adjustements make sense (depending on covered persons and countries).

Is it then OK to just calculate partworths and rund simulations if the goal is to look for willingness to pay or price elasticities for example?

 Looking for pragmatic advice.

Thank you.
asked Sep 21, 2015 by anonymous

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