Search Results - subject:"Multinomial logit"

Development of a utility function for airline travel: a logarithmic goal programming approach

Dutta, Goutam; Ghosh, Priyanko - In: International Journal of Revenue Management 5 (2011) 4, pp. 277-289

, we derive the choice probability of the airlines by a multinomial logit choice model which in turn facilitates the …

Persistent link: https://www.econbiz.de/10010669581

Pricing Multiple Products with the Multinomial Logit and Nested Logit Models: Concavity and Implications

Li, Hongmin; Huh, Woonghee Tim - In: Manufacturing & Service Operations Management 13 (2011) 4, pp. 549-563

, the multinomial logit model. We prove that concavity of the total profit function with respect to market share holds even …

Persistent link: https://www.econbiz.de/10010630498

Modeling structural changes in the volatility process

Frijns, Bart; Lehnert, Thorsten; Zwinkels, Remco C. J. - In: Journal of empirical finance 18 (2011) 3, pp. 522-532

Persistent link: https://www.econbiz.de/10009302073

A multinomial choice model of neighborhood effects

Brock, William A. (contributor); … - 2002 - [Elektronische Ressource]

neighborhood effects. Section II specializes the structure using a multinomial logit framework. Section III considers … equilibria in the multinomial logit model with neighborhood effects Suppose that individual choices are characterized by (4 … analysis. The multinomial logit property for the individual choices allows one to construct a likelihood function for data …

Persistent link: https://www.econbiz.de/10001656896

Preferences for privacy and security: An experimental investigation

Stowe, C. Jill; Krause, Kate; Chermak, Janie M. - In: Economics of Peace and Security Journal 5 (2010) 1, pp. 34-42

The article experimentally investigates individuals’ choice behavior between privacy and security. In a convenience sample of undergraduate and graduate students, we find that most individuals choose to sacrifice a moderate amount of privacy in exchange for a moderate increase in security. A...

Persistent link: https://www.econbiz.de/10010941296

Modelling structural changes in the volatility process

Lehnert, Thorsten; Frijns, Bart; Zwinkels, Remco C.J. - Luxembourg School of Finance, Faculté de droit, … - 2010

GARCH-type models have been very successful in describing the volatility dynamics of financial return series for short periods of time. However, for example macroeconomic events may cause the structure of volatility to change and the assumption of stationarity is no longer plausible. In order to...

Persistent link: https://www.econbiz.de/10008500482

Preferences for privacy and security: an experimental investigation

Stowe, C. Jill; Krause, Kate; Chermak, Janie M. - In: Economics of Peace and Security Journal 5 (2010) 1, pp. 34-42

Persistent link: https://www.econbiz.de/10008543240

OM Practice--Choice-Based Revenue Management: An Empirical Study of Estimation and Optimization

Vulcano, Gustavo; Ryzin, Garrett van; Chaar, Wassim - In: Manufacturing & Service Operations Management 12 (2010) 3, pp. 371-392

Discrete choice models are appealing for airline revenue management (RM) because they offer a means to profitably exploit preferences for attributes such as time of day, routing, brand, and price. They are also good at modeling demand for unrestricted fare class structures, which are widespread...

Persistent link: https://www.econbiz.de/10009218667

Wage mobility in Europe. A comparative analysis using restricted multinomial logit regression

Pavlopoulos, Dimitris; Muffels, Ruud; Vermunt, Jeroen - In: Quality & Quantity: International Journal of Methodology 44 (2010) 1, pp. 115-129

Persistent link: https://www.econbiz.de/10009391314

The Impact of Local Labor Market Conditions on Work and Welfare Decisions: Revisiting an Old Question Using New Data

Herbst, Chris; Stevens, David - In: Population Research and Policy Review 29 (2010) 4, pp. 453-479

Persistent link: https://www.econbiz.de/10008596909