Studi Simulasi Model Nested Logit dan Paired Combinatorial Logit pada Respon Multinomial

On Rank-Ordered Nested Multinomial Logit Model and D-Optimal Design for this Model

In contrast to the classical discrete choice experiment, the respondent in a rank-order discrete choice experiment, is asked to rank a number of alternatives instead of the preferred one. In this paper, we study the information matrix of a rank order nested multinomial logit model (RO.NMNL) and introduce local D-optimality criterion, then we obtain Locally D-optimal design for RO.NMNL models in...

The Generalized Multinomial Logit Model

The so-called “mixed” or “heterogeneous” multinomial logit (MIXL) model has become popular in a number of fields, especially Marketing, Health Economics and Industrial Organization. In most applications of the model, the vector of consumer utility weights on product attributes is assumed to have a multivariate normal (MVN) distribution in the population. Thus, some consumers care more about som...

Assortment Optimization under the Paired Combinatorial Logit Model

We consider uncapacitated and capacitated assortment problems under the paired combinatorial logit model, where the goal is to find a set of products to maximize the expected revenue obtained from each customer. In the uncapacitated setting, we can offer any set of products, whereas in the capacitated setting, there is a limit on the number of products that we can offer. We establish that even ...

The Generalized Nested Logit Model

The generalized nested logit model is a new member of the generalized extreme value family of models. The GNL provides a higher degree of flexibility in the estimation of substitution or cross-elasticity between pairs of alternatives than previously developed generalized extreme value models. The generalized nested logit model includes the paired combinatorial logit and cross-nested logit model...

Pricing Multiple Products with the Multinomial Logit and Nested Logit Models: Concavity and Implications