We consider assortment and price optimization problems under the d-level nested logit model. In the assortment optimization problem, the goal is to find the revenue-maximizing assortment of products ...
Citations: Nevo, Aviv. 2000. A Practitioner's Guide to Estimation of Random-Coefficients Logit Models of Demand. Journal of Economics & Management Strategy. (4)513-548.
This paper proposes a path-based algorithm for solving the well-known logit-based stochastic user equilibrium (SUE) problem in transportation planning and management. Based on the gradient projection ...