Showing 1 - 10 of 19,474
Models of consumer learning and inventory behavior have both proven to be valuable for explaining consumer choice dynamics. In their pure form these models assume consumers solve complex dynamic programming (DP) problems to determine optimal choices. For this reason, these models are best viewed...
Persistent link: https://www.econbiz.de/10014037143
Persistent link: https://www.econbiz.de/10003974342
Persistent link: https://www.econbiz.de/10010236024
Persistent link: https://www.econbiz.de/10003859446
Persistent link: https://www.econbiz.de/10013410971
Persistent link: https://www.econbiz.de/10012620709
Persistent link: https://www.econbiz.de/10012625674
This paper proposes an algorithm to obtain maximum likelihood estimates of structural parameters in discrete games with multiple equilibria. The method combines a genetic algorithm (GA) with a pseudo maximum likelihood (PML) procedure. The GA searches efficiently over the huge space of possible...
Persistent link: https://www.econbiz.de/10014066585
Motivated by online retail applications, we study the online personalized assortment optimization problem. A seller conducts sales by offering assortments of products to a stream of arriving customers. The customers' purchase behavior follows their respective personalized Multinomial Logit...
Persistent link: https://www.econbiz.de/10012943008
Persistent link: https://www.econbiz.de/10009407659