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We study assortment optimization problems under a natural variant of the multinomial logit model where the customers are willing to focus only on a certain number of products that provide the largest utilities. In particular, each customer has a rank cutoff, characterizing the number of products...
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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...
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