The exponomial choice model: a new alternative for assortment and price optimization
DOI10.1287/OPRE.2015.1459zbMATH Open1336.91040OpenAlexW3122066005MaRDI QIDQ2806060FDOQ2806060
Authors: Aydın Alptekinoğlu, John H. Semple
Publication date: 13 May 2016
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/opre.2015.1459
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pricingrevenue managementassortment planningwillingness to paymultinomial logitnested logitdiscrete choice theory
Applications of statistics to economics (62P20) Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)
Cites Work
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- Logit demand estimation under competitive pricing behavior: An equilibrium framework
- Discrete Choice Methods with Simulation
- The relationship between Luce's choice axiom, Thurstone's theory of comparative judgment, and the double exponential distribution
- Assortment optimization under variants of the nested logit model
- Dynamic assortment optimization with a multinomial logit choice model and capacity constraint
- Persistency model and its applications in choice modeling
- Revenue Management Under a General Discrete Choice Model of Consumer Behavior
- Category management and coordination in retail assortment planning in the presence of basket shopping consumers
- Joint Inventory and Pricing Decisions for an Assortment
- On the Relationship Between Inventory Costs and Variety Benefits in Retail Assortments
- Multiproduct price optimization and competition under the nested logit model with product-differentiated price sensitivities
- Robust assortment optimization in revenue management under the multinomial logit choice model
- Title not available (Why is that?)
- The \(d\)-level nested logit model: assortment and price optimization problems
- An exponomial extrapolator
Cited In (24)
- Multi-product pricing: a discrete choice model based on Markov chain choice model combined with reservation prices
- Robust discrete choice models with \(t\)-distributed kernel errors
- On substitutability and complementarity in discrete choice models
- Capacitated assortment and price optimization under the multilevel nested logit model
- Recent advances in integrating demand management and vehicle routing: a methodological review
- Transformer-based choice model: a tool for assortment optimization evaluation
- Technical Note—Consumer Choice and Market Expansion: Modeling, Optimization, and Estimation
- Assortment optimization under the sequential multinomial logit model
- Consumer choice under limited attention when alternatives have different information costs
- A review of choice-based revenue management: theory and methods
- Quality and pricing decisions in production/inventory systems
- Constrained multi‐location assortment optimization under the multinomial logit model
- Innovation contests with risk‐averse participants
- Price competition in the random coefficient attraction choice models with linear cost
- A strong Lagrangian relaxation for general discrete-choice network revenue management
- Capacitated assortment and price optimization under the nested logit model
- Heteroscedastic exponomial choice
- Equilibrium analysis of observable express service with customer choice
- Combinatorial assortment optimization
- Pricing optimization and competition under the linear nested stochastic choice model
- Assortment optimization: a systematic literature review
- Pricing and assortment strategies with product exchanges
- Capacitated assortment and price optimization for customers with disjoint consideration sets
- Optimal and competitive assortments with endogenous pricing under hierarchical consumer choice models
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