Showing 1 - 4 of 4
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...
Persistent link: https://www.econbiz.de/10014030356
Persistent link: https://www.econbiz.de/10015371543
Persistent link: https://www.econbiz.de/10015045389
In this paper, we introduce the Multi-Purchase Multinomial Logit choice model, which extends the random utility maximization framework of the classical Multinomial Logit model to a multiple-purchase setting. In this model, customers sample random utilities for each offered product as in the...
Persistent link: https://www.econbiz.de/10013223228