We study identification in a binary choice panel data model with a single predetermined binary covariate (i.e., a covariate sequentially exogenous conditional on lagged outcomes and covariates). The choice model is indexed by a scalar parameter θ, whereas the distribution of unit-specific...

This paper examines the individual preferences for a reduction of life-cycle CO2 emissions in vehicle purchase decisions. The empirical analysis is based on data from a stated choice experiment with more than 1,100 citizens in Germany that refers to decisions between three types of electric...

This paper presents the multinomial logit model with repeated customer interactions. In each period, the same customer selects a product from the assortment recommended in that period or opts out. It captures the essence of an increasingly popular business model called the subscription box,...

{Problem Definition:} This paper considers the operational management problems under a newly proposed choice model that captures the effect of focality. The offered assortment is separated into the focal set and the non-focal set under this new model due to the bias of focality, which is...

Motivated by empirical evidence that the utility of each product depends on the assortment of products offered along with it, we propose an endogenous context-dependent multinomial logit model (Context-MNL) under which the utility of each product depends on both the product's intrinsic value and...

We consider a duopoly price competition with each firm selling one substitute product to strategic consumers, who assess their willingness to pay based on the reference price and make purchase decisions through the MNL model. The influence of reference price on consumer demand, known as the...