Modeling, Prediction, Assortment and Price Optimization Under Consumer Choice Behavior

C Ke, A Li, R Wang - Foundations and Trends® in …, 2025 - nowpublishers.com
Understanding how consumers make choices is of paramount importance, as it offers
insights into consumer purchase behavior across multiple products, enables accurate …

Data-Driven Pricing for Availability-Based Upgrades Under a Multiple Binary Choice Model with Copula

O Yilmaz, Z Zhao, F Ekbatani, R Wang, A Vakhutinsky - 2024 - papers.ssrn.com
Problem definition. Intense competition in the travel industry has shifted focus largely to
ancillary revenue, particularly seat upgrades for airlines and room upgrades for hotels. In …