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