Online platforms, marketplaces and retailers typically use ranking algorithms to determine the order in which hundreds or thousands of choices are presented to consumers. While ranking algorithms may aid consumer choice, there are concerns they may also lead to socially undesirable outcomes. In...

We examine an alternative method to incorporate potential presence of population heterogeneity within the Multiple Discrete Continuous Extreme Value (MDCEV) model structure. Towards this end, an endogenous segmentation approach is proposed that allocates decision makers probabilistically to...

This paper presents a multiple discrete-continuous econometric structure to model the daily time-investment decisions of couples in solo- and joint-discretionary activities incorporating intra-personal and inter-personal inter-dependencies. The empirical model was estimated using data from the...