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Stakhovych, Stanislav; Bijmolt, Tammo H. A.; Wedel, Michel – Multivariate Behavioral Research, 2012
In this article, we present a Bayesian spatial factor analysis model. We extend previous work on confirmatory factor analysis by including geographically distributed latent variables and accounting for heterogeneity and spatial autocorrelation. The simulation study shows excellent recovery of the model parameters and demonstrates the consequences…
Descriptors: Bayesian Statistics, Factor Analysis, Models, Simulation