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Citations: Abdallah, Tarek, Gustavo Vulcano. 2021. Demand Estimation under the Multinomial Logit Model from Sales Transaction Data. Manufacturing and Service Operations Management. (5)1196--1216.
We investigate the use of a canonical version of a discrete choice model due to Daganzo (1979) [Daganzo C (1979) Multinomial Probit: The Theory and Its Application to Demand Forecasting (Academic ...
In previous work, thresholds have been introduced to describe situations where the consumer is indifferent between any two alternatives. Krishnan (1977) formalised thresholds as minimum perceivable ...
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