Technical Note—Optimal Pricing Under Multiple-Discrete Customer Choices and Diminishing Return of Consumption

DOI10.1287/opre.2021.2146zbMath1493.91054OpenAlexW3212118428MaRDI QIDQ5080652

Woonghee Tim Huh, Hongmin Li

Publication date: 31 May 2022

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.2021.2146

zbMATH Keywords

pricingcustomer choicerevenue management and market analyticsmultiple-discrete continuous choice model

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Cites Work

• Assortment Optimization Under Variants of the Nested Logit Model
• Multiproduct Price Optimization and Competition Under the Nested Logit Model with Product-Differentiated Price Sensitivities
• Technical Note—Pricing Under the Nested Attraction Model with a Multistage Choice Structure
• Approximation Methods for Pricing Problems Under the Nested Logit Model with Price Bounds
• Optimizing Multinomial Logit Profit Functions
• Optimal Pricing of Correlated Product Options Under the Paired Combinatorial Logit Model
• Automobile Prices in Market Equilibrium

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