Recommending Products When Consumers Learn Their Preference Weights

Consumers often learn the weights they ascribe to product attributes (“preference weights”) as they search. For example, after test driving cars, a consumer might find that he or she undervalued trunk space and overvalued sunroofs. Preference-weight learning makes optimal search complex because each...

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Bibliographic Details
Main Authors: Dzyabura, Daria, Hauser, John R.
Other Authors: Sloan School of Management
Format: Article
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2020
Online Access:https://hdl.handle.net/1721.1/124909