We consider assortment and price optimization problems under the d-level nested logit model. In the assortment optimization problem, the goal is to find the revenue-maximizing assortment of products ...
This paper discusses the interpretative benefits that arise from merging the Dirichlet- multinomial (DM) model as a loyalty variable in the multinomial logit (MNL) model of brand choice. The estimated ...
Citations: Abdallah, Tarek, Gustavo Vulcano. 2021. Demand Estimation under the Multinomial Logit Model from Sales Transaction Data. Manufacturing and Service Operations Management. (5)1196--1216.
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