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Comparing Between STAN’s HMC No-U-Turn Sampler Versus Sawtooth Software Gibbs Sampler for Complex Conjoint Studies

May 6, 2025
9:45 am
Turbo

Accurately estimating choice preferences in conjoint research is crucial in market research. Conjoint exercises are becoming more complex, involving numerous parameters and constraints with limited respondents. This paper compares the performance of a state-of-the-art no-U-turn sampler (NUTS) in STAN against the Gibbs sampler used in Sawtooth Software CBC/HB for complex conjoint studies.

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