Approximation algorithms for product framing and pricing

DOI10.1287/OPRE.2019.1875MaRDI QIDQ5130488zbMATH OpenOpenAlexWikidataFDO

Authors Guillermo Gallego, Anran Li, Van Anh Truong, Xinshang Wang

Publication date 4 November 2020

Published in Operations Research (Search for Journal in Brave)

Full work available at URL http://eprints.lse.ac.uk/101983/1/accepted_paper.pdf

zbMATH Keywords

analysis of algorithmschoice modelsmarketingpricing

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

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Cites work

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• Assortment optimization under variants of the nested logit model
• Automobile Prices in Market Equilibrium
• Dynamic assortment optimization with a multinomial logit choice model and capacity constraint
• scientific article; zbMATH DE number 193411 (Why is no real title available?)
• scientific article; zbMATH DE number 858900 (Why is no real title available?)
• Markov chain Monte Carlo and models of consideration set and parameter heterogeneity
• Multiproduct price optimization and competition under the nested logit model with product-differentiated price sensitivities
• On the Relationship Between Inventory Costs and Variety Benefits in Retail Assortments
• Optimizing Multinomial Logit Profit Functions
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Stochastic orders
• Testing the Accuracy, Usefulness, and Significance of Probabilistic Choice Models: An Information-Theoretic Approach
• Two-stage discrete choice models for scanner panel data: An assessment of process and assumptions

Cited in

(9)

• The complexity of shelflisting
• Assortment optimization with repeated exposures and product-dependent patience cost
• An optimization model for product placement on product listing pages
• Customer choice models vs. machine learning: finding optimal product displays on Alibaba
• Technical note -- The multinomial logit model with sequential offerings: algorithmic frameworks for product recommendation displays
• Automata, Languages and Programming
• Two-stage pricing of products and services considering different competitive environments
• A customer choice model of impulse buying in social commerce
• Pricing and assortment optimization under logit-based choice models with tree-structured consideration sets

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