A comparison of semiparametric and heterogeneous store sales models for optimal category pricing

DOI10.1007/s00291-016-0459-6zbMath1368.90089OpenAlexW2510899726MaRDI QIDQ2362171

Anett Weber, Winfried J. Steiner, Stefan Lang

Publication date: 6 July 2017

Published in: OR Spectrum (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00291-016-0459-6

zbMATH Keywords

profit maximizationfunctional flexibilityseemingly unrelated regression modelsbetween-store heterogeneitycategory pricing

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Microeconomic theory (price theory and economic markets) (91B24)

Related Items

Tactical sales forecasting using a very large set of macroeconomic indicators, Addressing endogeneity in aggregate logit models with time-varying parameters for optimal retail-pricing, Distributional regression for demand forecasting in e-grocery, Modeling price response from retail sales: an empirical comparison of models with different representations of heterogeneity, Random scaling factors in Bayesian distributional regression models with an application to real estate data

Uses Software

• bayesm
• rgenoud

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