Ren, Yuan; Shaikh, Nazrul I.; Castro, Luis E. - In: International Journal of Information Systems and Supply … 11 (2018) 4, pp. 21-42
This article presents a practical approach to estimate the substitution probabilities between products at a retail … information for estimating the substitution probabilities. Simulations and empirical studies have been used to show that the … estimates of the substitution probabilities are efficient and are robust to stock-out rates. …