Assortment Of Optimization And Pricing Problems Under Multi Stage Multinomial Logit Models

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Approximate Dynamic Programming

Author : Warren B. Powell
Publisher : John Wiley & Sons
ISBN 13 : 0470182954
Total Pages : 487 pages
Book Rating : 4.4/5 (71 download)

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Book Synopsis Approximate Dynamic Programming by : Warren B. Powell

Download or read book Approximate Dynamic Programming written by Warren B. Powell and published by John Wiley & Sons. This book was released on 2007-10-05 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete and accessible introduction to the real-world applications of approximate dynamic programming With the growing levels of sophistication in modern-day operations, it is vital for practitioners to understand how to approach, model, and solve complex industrial problems. Approximate Dynamic Programming is a result of the author's decades of experience working in large industrial settings to develop practical and high-quality solutions to problems that involve making decisions in the presence of uncertainty. This groundbreaking book uniquely integrates four distinct disciplines—Markov design processes, mathematical programming, simulation, and statistics—to demonstrate how to successfully model and solve a wide range of real-life problems using the techniques of approximate dynamic programming (ADP). The reader is introduced to the three curses of dimensionality that impact complex problems and is also shown how the post-decision state variable allows for the use of classical algorithmic strategies from operations research to treat complex stochastic optimization problems. Designed as an introduction and assuming no prior training in dynamic programming of any form, Approximate Dynamic Programming contains dozens of algorithms that are intended to serve as a starting point in the design of practical solutions for real problems. The book provides detailed coverage of implementation challenges including: modeling complex sequential decision processes under uncertainty, identifying robust policies, designing and estimating value function approximations, choosing effective stepsize rules, and resolving convergence issues. With a focus on modeling and algorithms in conjunction with the language of mainstream operations research, artificial intelligence, and control theory, Approximate Dynamic Programming: Models complex, high-dimensional problems in a natural and practical way, which draws on years of industrial projects Introduces and emphasizes the power of estimating a value function around the post-decision state, allowing solution algorithms to be broken down into three fundamental steps: classical simulation, classical optimization, and classical statistics Presents a thorough discussion of recursive estimation, including fundamental theory and a number of issues that arise in the development of practical algorithms Offers a variety of methods for approximating dynamic programs that have appeared in previous literature, but that have never been presented in the coherent format of a book Motivated by examples from modern-day operations research, Approximate Dynamic Programming is an accessible introduction to dynamic modeling and is also a valuable guide for the development of high-quality solutions to problems that exist in operations research and engineering. The clear and precise presentation of the material makes this an appropriate text for advanced undergraduate and beginning graduate courses, while also serving as a reference for researchers and practitioners. A companion Web site is available for readers, which includes additional exercises, solutions to exercises, and data sets to reinforce the book's main concepts.

Multinomial Probit

Author : Carlos Daganzo
Publisher : Elsevier
ISBN 13 : 1483299341
Total Pages : 239 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Multinomial Probit by : Carlos Daganzo

Download or read book Multinomial Probit written by Carlos Daganzo and published by Elsevier. This book was released on 2014-06-28 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinomial Probit

Revenue Management and Pricing Analytics

Author : Guillermo Gallego
Publisher : Springer
ISBN 13 : 1493996061
Total Pages : 346 pages
Book Rating : 4.4/5 (939 download)

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Book Synopsis Revenue Management and Pricing Analytics by : Guillermo Gallego

Download or read book Revenue Management and Pricing Analytics written by Guillermo Gallego and published by Springer. This book was released on 2019-08-14 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: “There is no strategic investment that has a higher return than investing in good pricing, and the text by Gallego and Topaloghu provides the best technical treatment of pricing strategy and tactics available.” Preston McAfee, the J. Stanley Johnson Professor, California Institute of Technology and Chief Economist and Corp VP, Microsoft. “The book by Gallego and Topaloglu provides a fresh, up-to-date and in depth treatment of revenue management and pricing. It fills an important gap as it covers not only traditional revenue management topics also new and important topics such as revenue management under customer choice as well as pricing under competition and online learning. The book can be used for different audiences that range from advanced undergraduate students to masters and PhD students. It provides an in-depth treatment covering recent state of the art topics in an interesting and innovative way. I highly recommend it." Professor Georgia Perakis, the William F. Pounds Professor of Operations Research and Operations Management at the Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts. “This book is an important and timely addition to the pricing analytics literature by two authors who have made major contributions to the field. It covers traditional revenue management as well as assortment optimization and dynamic pricing. The comprehensive treatment of choice models in each application is particularly welcome. It is mathematically rigorous but accessible to students at the advanced undergraduate or graduate levels with a rich set of exercises at the end of each chapter. This book is highly recommended for Masters or PhD level courses on the topic and is a necessity for researchers with an interest in the field.” Robert L. Phillips, Director of Pricing Research at Amazon “At last, a serious and comprehensive treatment of modern revenue management and assortment optimization integrated with choice modeling. In this book, Gallego and Topaloglu provide the underlying model derivations together with a wide range of applications and examples; all of these facets will better equip students for handling real-world problems. For mathematically inclined researchers and practitioners, it will doubtless prove to be thought-provoking and an invaluable reference.” Richard Ratliff, Research Scientist at Sabre “This book, written by two of the leading researchers in the area, brings together in one place most of the recent research on revenue management and pricing analytics. New industries (ride sharing, cloud computing, restaurants) and new developments in the airline and hotel industries make this book very timely and relevant, and will serve as a critical reference for researchers.” Professor Kalyan Talluri, the Munjal Chair in Global Business and Operations, Imperial College, London, UK.

Discrete Choice Methods with Simulation

Author : Kenneth Train
Publisher : Cambridge University Press
ISBN 13 : 0521766559
Total Pages : 399 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis Discrete Choice Methods with Simulation by : Kenneth Train

Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Combinatorial Optimization and Applications

Author : Weili Wu
Publisher : Springer Nature
ISBN 13 : 3031496140
Total Pages : 505 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Combinatorial Optimization and Applications by : Weili Wu

Download or read book Combinatorial Optimization and Applications written by Weili Wu and published by Springer Nature. This book was released on 2024-01-09 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two-volume set LNCS 14461 and LNCS 14462 constitutes the refereed proceedings of the 17th International Conference on Combinatorial Optimization and Applications, COCOA 2023, held in Hawaii, HI, USA, during December 15–17, 2023. The 73 full papers included in the proceedings were carefully reviewed and selected from 117 submissions. They were organized in topical sections as follows: Part I: Optimization in graphs; scheduling; set-related optimization; applied optimization and algorithm; Graph planer and others; Part II: Modeling and algorithms; complexity and approximation; combinatorics and computing; optimization and algorithms; extreme graph and others; machine learning, blockchain and others.

Dynamic Fleet Management

Author : Vasileios S. Zeimpekis
Publisher : Springer Science & Business Media
ISBN 13 : 0387717226
Total Pages : 249 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Dynamic Fleet Management by : Vasileios S. Zeimpekis

Download or read book Dynamic Fleet Management written by Vasileios S. Zeimpekis and published by Springer Science & Business Media. This book was released on 2007-10-05 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on real time management of distribution systems, integrating the latest results in system design, algorithm development and system implementation to capture the state-of-the art research and application trends. The book important topics such as goods dispatching, couriers, rescue and repair services, taxi cab services, and more. The book includes real-life case studies that describe the solution to actual distribution problems by combining systemic and algorithmic approaches.

Handbook of Marketing Analytics

Author : Natalie Mizik
Publisher : Edward Elgar Publishing
ISBN 13 : 1784716758
Total Pages : 713 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Handbook of Marketing Analytics by : Natalie Mizik

Download or read book Handbook of Marketing Analytics written by Natalie Mizik and published by Edward Elgar Publishing. This book was released on 2018 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marketing Science contributes significantly to the development and validation of analytical tools with a wide range of applications in business, public policy and litigation support. The Handbook of Marketing Analytics showcases the analytical methods used in marketing and their high-impact real-life applications. Fourteen chapters provide an overview of specific marketing analytic methods in some technical detail and 22 case studies present thorough examples of the use of each method in marketing management, public policy, and litigation support. All contributing authors are recognized authorities in their area of specialty.

Retail Supply Chain Management

Author : Narendra Agrawal
Publisher : Springer Science & Business Media
ISBN 13 : 0387789030
Total Pages : 335 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Retail Supply Chain Management by : Narendra Agrawal

Download or read book Retail Supply Chain Management written by Narendra Agrawal and published by Springer Science & Business Media. This book was released on 2009-06-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's retail environment, characterized by product proliferation, price competition, expectations of service quality, and advances in technology, many organizations are struggling to maintain profitability. Rigorous analytical methods have emerged as the most promising solution to many of these complex problems. Indeed, the retail industry has emerged as a fascinating choice for researchers in the field of supply chain management. In Retail Supply Chain Management, leading researchers provide a detailed review of cutting-edge methodologies that address the complex array of these problems. A critical resource for researchers and practitioners in the field of retailing, chapters in this book focus on three key areas: (1) empirical studies of retail supply chain practices, (2) assortment and inventory planning, and (3) integrating price optimization into retail supply chain decisions.

Econometric Models For Industrial Organization

Author : Matthew Shum
Publisher : World Scientific
ISBN 13 : 981310967X
Total Pages : 154 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Econometric Models For Industrial Organization by : Matthew Shum

Download or read book Econometric Models For Industrial Organization written by Matthew Shum and published by World Scientific. This book was released on 2016-12-14 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Models for Industrial Organization focuses on the specification and estimation of econometric models for research in industrial organization. In recent decades, empirical work in industrial organization has moved towards dynamic and equilibrium models, involving econometric methods which have features distinct from those used in other areas of applied economics. These lecture notes, aimed for a first or second-year PhD course, motivate and explain these econometric methods, starting from simple models and building to models with the complexity observed in typical research papers. The covered topics include discrete-choice demand analysis, models of dynamic behavior and dynamic games, multiple equilibria in entry games and partial identification, and auction models.

Formative Assessment, Learning Data Analytics and Gamification

Author : Santi Caballé
Publisher : Morgan Kaufmann
ISBN 13 : 0128036672
Total Pages : 384 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Formative Assessment, Learning Data Analytics and Gamification by : Santi Caballé

Download or read book Formative Assessment, Learning Data Analytics and Gamification written by Santi Caballé and published by Morgan Kaufmann. This book was released on 2016-05-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Formative Assessment, Learning Data Analytics and Gamification: An ICT Education discusses the challenges associated with assessing student progress given the explosion of e-learning environments, such as MOOCs and online courses that incorporate activities such as design and modeling. This book shows educators how to effectively garner intelligent data from online educational environments that combine assessment and gamification. This data, when used effectively, can have a positive impact on learning environments and be used for building learner profiles, community building, and as a tactic to create a collaborative team. Using numerous illustrative examples and theoretical and practical results, leading international experts discuss application of automatic techniques for e-assessment of learning activities, methods to collect, analyze, and correctly visualize learning data in educational environments, applications, benefits and challenges of using gamification techniques in academic contexts, and solutions and strategies for increasing student participation and performance. - Discusses application of automatic techniques for e-assessment of learning activities - Presents strategies to provide immediate and useful feedback on students' activities - Provides methods to collect, analyze, and correctly visualize learning data in educational environments - Explains the applications, benefits, and challenges of using gamification techniques in academic contexts - Offers solutions to increase students' participation and performance while lowering drop-out rates and retention levels

The New Palgrave Dictionary of Economics

Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis The New Palgrave Dictionary of Economics by :

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Artificial Neural Networks and Machine Learning – ICANN 2024

Author : Michael Wand
Publisher : Springer Nature
ISBN 13 : 303172335X
Total Pages : 486 pages
Book Rating : 4.0/5 (317 download)

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Book Synopsis Artificial Neural Networks and Machine Learning – ICANN 2024 by : Michael Wand

Download or read book Artificial Neural Networks and Machine Learning – ICANN 2024 written by Michael Wand and published by Springer Nature. This book was released on with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Problem Solving and Uncertainty Modeling through Optimization and Soft Computing Applications

Author : Saxena, Pratiksha
Publisher : IGI Global
ISBN 13 : 1466698861
Total Pages : 424 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Problem Solving and Uncertainty Modeling through Optimization and Soft Computing Applications by : Saxena, Pratiksha

Download or read book Problem Solving and Uncertainty Modeling through Optimization and Soft Computing Applications written by Saxena, Pratiksha and published by IGI Global. This book was released on 2016-03-01 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimization techniques have developed into a modern-day solution for real-world problems in various industries. As a way to improve performance and handle issues of uncertainty, optimization research becomes a topic of special interest across disciplines. Problem Solving and Uncertainty Modeling through Optimization and Soft Computing Applications presents the latest research trends and developments in the area of applied optimization methodologies and soft computing techniques for solving complex problems. Taking a multi-disciplinary approach, this critical publication is an essential reference source for engineers, managers, researchers, and post-graduate students.

Handbook of Research on Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry

Author : Vasant, Pandian
Publisher : IGI Global
ISBN 13 : 1522510559
Total Pages : 544 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Handbook of Research on Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry by : Vasant, Pandian

Download or read book Handbook of Research on Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry written by Vasant, Pandian and published by IGI Global. This book was released on 2016-10-31 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: The application of holistic optimization methods in the tourism, travel, and hospitality industry has improved customer service and business strategies within the field. By utilizing new technologies and optimization techniques, it is becoming easier to troubleshoot problematic areas within the travel industry. The Handbook of Research on Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry features innovative technologies being utilized in the management of hotels and tourist attractions. Highlighting empirical research on the optimization of the travel and hospitality industry through the use of algorithms and information technology, this book is a critical reference source for managers, decision makers, executives, tourists, agents, researchers, economists, and hotel staff members.

Algorithmic Aspects in Information and Management

Author : Weili Wu
Publisher : Springer Nature
ISBN 13 : 3030931765
Total Pages : 456 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Algorithmic Aspects in Information and Management by : Weili Wu

Download or read book Algorithmic Aspects in Information and Management written by Weili Wu and published by Springer Nature. This book was released on 2021-12-16 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the proceedings of the 15th International Conference on Algorithmic Aspects in Information and Management, AAIM 2021, which was held online during December 20-22, 2021. The conference was originally planned to take place in Dallas, Texas, USA, but changed to a virtual event due to the COVID-19 pandemic. The 38 regular papers included in this book were carefully reviewed and selected from 62 submissions. They were organized in the following topical sections: approximation algorithms; scheduling; nonlinear combinatorial optimization; network problems; blockchain, logic, complexity and reliability; and miscellaneous.

Segmentation, Revenue Management and Pricing Analytics

Author : Tudor Bodea
Publisher : Routledge
ISBN 13 : 1136624848
Total Pages : 267 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Segmentation, Revenue Management and Pricing Analytics by : Tudor Bodea

Download or read book Segmentation, Revenue Management and Pricing Analytics written by Tudor Bodea and published by Routledge. This book was released on 2014-03-21 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: The practices of revenue management and pricing analytics have transformed the transportation and hospitality industries, and are increasingly important in industries as diverse as retail, telecommunications, banking, health care and manufacturing. Segmentation, Revenue Management and Pricing Analytics guides students and professionals on how to identify and exploit revenue management and pricing opportunities in different business contexts. Bodea and Ferguson introduce concepts and quantitative methods for improving profit through capacity allocation and pricing. Whereas most marketing textbooks cover more traditional, qualitative methods for determining customer segments and prices, this book uses historical sales data with mathematical optimization to make those decisions. With hands-on practice and a fundamental understanding of some of the most common analytical models, readers will be able to make smarter business decisions and higher profits. This book will be a useful and enlightening read for MBA students in pricing and revenue management, marketing, and service operations.

Distributed Computing and Artificial Intelligence, 15th International Conference

Author : Fernando De La Prieta
Publisher : Springer
ISBN 13 : 3319946498
Total Pages : 385 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Distributed Computing and Artificial Intelligence, 15th International Conference by : Fernando De La Prieta

Download or read book Distributed Computing and Artificial Intelligence, 15th International Conference written by Fernando De La Prieta and published by Springer. This book was released on 2018-07-04 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 15th International Symposium on Distributed Computing and Artificial Intelligence 2018 (DCAI 2018) is a forum to present applications of innovative techniques for studying and solving complex problems. The exchange of ideas between scientists and technicians from both the academic and industrial sector is essential to facilitate the development of systems that can meet the ever-increasing demands of today’s society. The present edition brings together past experience, current work and promising future trends associated with distributed computing, artificial intelligence and their application in order to provide efficient solutions to real problems. This symposium is organized by the University of Castilla-La Mancha, the Osaka Institute of Technology and the University of Salamanca. The present edition was held in Toledo, Spain, from 20th – 22nd June, 2018.