Template-Type: ReDIF-Paper 1.0 Author-Name: Frenk, J.B.G. Author-Name-Last: Frenk Author-Name-First: Hans Author-Name: Zhang, S. Author-Name-Last: Zhang Author-Name-First: Shuzhong Title: On Purchase Timing Models in Marketing Abstract: In this paper we consider stochastic purchase timing models used in marketing for low-involvement products and show that important characteristics of those models are easy to compute. As such these calculations are based on an elementary probabilistic argument and cover not only the well-known condensed negative binomial model but also stochastic purchase timing models with other interarrival and mixing distributions. Creation-Date: 1997-01-01 File-URL: https://repub.eur.nl/pub/1411/eeb19960111120059.pdf File-Format: application/pdf Series: RePEc:ems:eureir Number: EI 9720/A Keywords: marketing, purchase timing model Handle: RePEc:ems:eureir:1411