An exact algorithm for the static pricing problem under discrete mixed logit demand

Price differentiation is a common strategy in many markets. In this paper, we study a static multiproduct price optimization problem with demand given by a discrete mixed multinomial logit model. By considering a mixed logit model that includes customer specific variables and parameters in the utili...

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Bibliographic Details
Main Authors: Ahmadreza Marandi, Virginie Lurkin
Format: Article
Language:English
Published: Elsevier 2023-01-01
Series:EURO Journal on Computational Optimization
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2192440623000175