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Dynamic Pricing of services has become the norm for many young service industries - especially in today’s volatile markets. Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent...
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asymmetries are taken into account. For this, I combined consumer choice models based on mixed logit models with three-mode … detected. -- Three-mode PCA ; elasticities ; joint plots ; market structure analysis …
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allows to relate an unordered categorical response variable, for example representing the choice of a brand, to a vector of … covariates such as the price of the brand or variables characterising the consumer. In its classical form, all covariates enter … rules and compare parametric and semiparametric approaches for a number of brand choice data sets. -- mixed models …
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