Abstract: During the last decades and recession of 2007–2009 witnessed many global financial crises. Consequently, this research represents a proactive study via introducing new modeling tool; in ...

This paper discusses the interpretative benefits that arise from merging the Dirichlet- multinomial (DM) model as a loyalty variable in the multinomial logit (MNL) model of brand choice. The estimated ...

I am currently working on a project that involves modeling ordinal outcomes where the proportional odds (parallel lines) assumption does not hold. Specifically, I need to fit a generalized ordered ...

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 ...

A Python library for estimating discrete choice models where agents can select either single alternatives or unordered pairs of alternatives. This implements the model as described in Ophem, H.V., ...