Product Design Under Multinomial Logit Choices: Optimization of Quality and Prices in an Evolving Product Line

Business & Economics

• Multinomial Logit 100%
• Product Line 84%
• Product Design 77%
• New Products 25%
• Multinomial Logit Model 23%
• Markups 21%
• Product Line Design 20%
• Interaction 18%
• Discrete Choice Models 14%
• Optimal Solution 11%
• Product Quality 11%
• Convex Optimization 9%
• Linear Utility 9%
• Customer Choice 8%
• Concavity 8%
• Practical Relevance 8%
• Realism 8%
• Optimization Techniques 8%
• Profit Function 8%
• Decision Support 6%
• Divergence 6%
• Optimization Problem 6%
• Prediction 5%
• Profit 3%
• Methodology 3%