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We study the space constrained assortment optimization problem under the paired combinatorial logit choice model. The goal in this problem is to choose a set of products to make available for purchase with the intention of maximizing the expected revenue from each arriving customer. Each offered...
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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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We introduce the click-based MNL choice model, a novel framework for capturing customer purchasing decisions in e-commerce settings. We augment the classical Multinomial Logit choice model with the assumption that customers only consider the items they have clicked on before they proceed to...
Persistent link: https://www.econbiz.de/10013249063
In this paper, we consider an assortment optimization problem in which a platform mustchoose pairwise disjoint sets of assortments to offer across a series of T stages. Arrivingcustomers begin their search process in the first stage and progress sequentially throughthe stages until their...
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