Technical Note—An Expectation-Maximization Algorithm to Estimate the Parameters of the Markov Chain Choice Model
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Publication:4971377
DOI10.1287/opre.2017.1692zbMath1457.91225OpenAlexW2802469782MaRDI QIDQ4971377
Huseyin Topaloglu, A. Serdar Şimşek
Publication date: 12 October 2020
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/opre.2017.1692
Applications of statistics to economics (62P20) Markov processes: estimation; hidden Markov models (62M05) Consumer behavior, demand theory (91B42)
Related Items (5)
Technical Note—Consumer Choice and Market Expansion: Modeling, Optimization, and Estimation ⋮ Robust assortment optimization under sequential product unavailability ⋮ The non-Markovian nature of nested logit choice ⋮ A gradient descent method for estimating the Markov chain choice model ⋮ Customer Choice Models vs. Machine Learning: Finding Optimal Product Displays on Alibaba
Uses Software
Cites Work
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