We study the assortment optimization problem and show that local optima are global optima for all discrete choice models that can be represented by the Markov Chain model. We develop a forward greedy heuristic that finds an optimal assortment for the Markov Chain model and runs in $O(n^2)$...

The dynamics of national innovation systems (NISs) are a source of considerable academic and policy interest, especially when to address new competitive challenges they involve changing institutions and relationships within successful systems. This paper examines the case of Taiwan which is...

Purpose: Model's physical attractiveness plays an important role in online shopping. The purpose of this paper is to explore the relationships among model type, consumer's perceived amount of information and consumer's approach behaviour. Design/methodology/approach: Construal level theory and...