Website Morphing 2.0: Switching Costs, Partial Exposure, Random Exit, and When to Morph

Website morphing infers latent customer segments from clickstreams and then changes websites' look and feel to maximize revenue. The established algorithm infers latent segments from a preset number of clicks and then selects the best “morph” using expected Gittins indices. Switching costs, pot...

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Bibliographic Details
Main Authors: Liberali, Guilherme (Gui), Hauser, John R, Urban, Glen L
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2017
Online Access:http://hdl.handle.net/1721.1/111141
https://orcid.org/0000-0001-8510-8640
https://orcid.org/0000-0002-9983-4237