Pricing Problems Under the Nested Logit Model with a Quality Consistency Constraint

References

• Aggarwal G, Feder T, Motwani R, Zhu A (2004) Algorithms for multi-product pricing. Diaz J, Karhumaki J, Sanella D, eds. Proc. Internat. Colloquium Automata, Languages, Programming (Springer, Berlin), 72–83.Crossref, Google Scholar
• Briest P, Krysta P (2007) Buying cheap is expensive: Hardness of non-parametric multi-product pricing. Proc. Eighteenth Annual ACM-SIAM Sympos. Discrete Algorithms (New Orleans, LA), 716–725.Google Scholar
• Caro F, Gallien J (2012) Clearance pricing optimization for a fast-fashion retailer. Oper. Res. 60(6):1404–1422.Link, Google Scholar
• Chen KD, Hausman WH (2000) Technical note: Mathematical properties of the optimal product line selection problem using choice-based conjoint analysis. Management Sci. 46(2):327–332.Link, Google Scholar
• Davis J, Gallego G, Topaloglu H (2013) Assortment planning under the multinomial logit model with totally unimodular constraint structures. Technical report, Cornell University, Schoolof Operations Research and Information Engineering. Accessed September 24, 2016, http://legacy.orie.cornell.edu/∼huseyin/publications/publications.html.Google Scholar
• Davis JM, Gallego G, Topaloglu H (2014) Assortment optimization under variants of the nested logit model. Oper. Res. 62(2):250–273.Link, Google Scholar
• Dong L, Kouvelis P, Tian Z (2009) Dynamic pricing and inventory control of substitute products. Manufacturing Service Oper. Management 11(2):317–339.Link, Google Scholar
• Feldman JB, Topaloglu H (2015) Capacity constraints across nests in assortment optimization under the nested logit model. Oper. Res. 63(4):812–822.Link, Google Scholar
• Gadi F, Gavious A, Lowengart O (2005) The dynamics of price elasticity of demand in the presence of reference price effects. J. Acad. Marketing Sci. 33(1):66–78.Crossref, Google Scholar
• Gallego G, Stefanescu C (2009) Upgrades, upsells and pricing in revenue management. Technical report, Columbia University, New York.Google Scholar
• Gallego G, Topaloglu H (2014) Constrained assortment optimization for the nested logit model. Management Sci. 60(10):2583–2601.Link, Google Scholar
• Gallego G, Wang R (2014) Multiproduct price optimization and competition under the nested logit model with product-differentiated price sensitivities. Oper. Res. 62(2):450–461.Link, Google Scholar
• Hanson W, Martin K (1996) Optimizing multinomial logit profit functions. Management Sci. 42(7):992–1003.Link, Google Scholar
• Huh WT, Li H (2015) Pricing under the nested attraction model with a multistage choice structure. Oper. Res. 63(4):840–850.Link, Google Scholar
• Keller PW, Levi R, Perakis G (2014) Efficient formulations for pricing under attraction demand models. Math. Programming A 145(1–2):223–261.Crossref, Google Scholar
• Li G, Rusmevichientong P, Topaloglu H (2015) The d-level nested logit model: Assortment and price optimization problems. Oper. Res. 63(2):325–342.Link, Google Scholar
• Li H, Huh WT (2011) Pricing multiple products with the multinomial logit and nested models: Concavity and implications. Manufacturing Service Oper. Management 13(4):549–563.Link, Google Scholar
• McFadden D (1974) Conditional logit analysis of qualitative choice behavior. Zarembka P, ed. Frontiers in Economics (Academic Press, New York), 105–142.Google Scholar
• Nemhauser G, Wolsey L (1999) Integer and Combinatorial Optimization (John Wiley & Sons, Inc., New York).Google Scholar
• Puterman ML (1994) Markov Decision Processes (John Wiley and Sons, Inc., New York).Crossref, Google Scholar
• Rayfield WZ, Rusmevichientong P, Topaloglu H (2015) Approximation methods for pricing problems under the nested logit model with price bounds. INFORMS J. Comput. 27(2):335–357.Link, Google Scholar
• Rusmevichientong P, Van Roy B, Glynn PW (2006) A nonparametric approach to multiproduct pricing. Oper. Res. 54(1):82–98.Link, Google Scholar
• Song JS, Xue Z (2007) Demand management and inventory control for substitutable products. Technical report, Duke University, Durham, NC.Google Scholar
• Subramanian S, Sherali HD (2010) A fractional programming approach for retail category price optimization. J. Global Optim. 48(2):263–277.Crossref, Google Scholar
• Wang R (2012) Capacitated assortment and price optimization under the multinomial logit model. Oper. Res. Lett. 40(6): 492–497.Crossref, Google Scholar
• Zhang D, Lu Z (2013) Assessing the value of dynamic pricing in network revenue management. INFORMS J. Comput. 25(1): 102–115.Link, Google Scholar