Gerardo Berbeglia

Estimation, Prediction, and Assortment Optimization for Markov Chain Choice Models with Panel Data

Yalcin Akcay, Gerardo Berbeglia, Young-San Lin

We propose a framework for the Markov chain (MC) choice model with panel data, including parameter estimation, personalized choice prediction, and personalized assortment optimization. In contrast to the traditional setting, which assumes that each transaction is independently dr…Read more