SCRO / Journées de l'optimisation

HEC Montréal, 29-31 mai 2023

CORS-JOPT2023

HEC Montréal, 29 — 31 mai 2023

Horaire Auteurs Mon horaire

Tutorial : Non-parametric choice models: estimation and optimization in revenue management

30 mai 2023 10h30 – 12h10

Salle: Walter Capital (bleu)

Présidée par Nadia Lahrichi

1 présentation

  • 10h30 - 12h10

    Non-parametric choice models: estimation and optimization in revenue management

    • Sanjay Dominik Jena, prés., Université du Québec à Montréal

    Given their effective capability of modeling and predicting complex choice behaviour, discrete choice models have been quickly gaining popularity in recent years. In this tutorial, we review recent developments in the area of non-parametric discrete choice models, particularly those based on ranked preference lists. To this end, we will focus on the application of assortment optimization in revenue management. We will discuss both the estimation of such models from transaction data and the subsequent optimization on the obtained choice model in order to derive optimal assortments.

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