On substitutability and complementarity in discrete choice models

被引：8
|
作者：
Feng, Guiyun [1 ]
Li, Xiaobo [1 ]
Wang, Zizhuo [1 ]
机构：
[1] Univ Minnesota, Dept Ind & Syst Engn, 111 Church St SE, Minneapolis, MN 55455 USA
来源：
OPERATIONS RESEARCH LETTERS | 2018年 / 46卷 / 01期
关键词：
Discrete choice models; Substitutability; Complementarity; Halo effect; Random utility model; Representative agent model; NESTED LOGIT-MODELS; ASSORTMENT; CONSISTENCY;
D O I：
10.1016/j.orl.2017.11.016
中图分类号：
C93 [管理学]; O22 [运筹学];
学科分类号：
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要：
In this paper, we propose the concepts of substitutability and complementarity in discrete choice models. These concepts concern whether the choice probability of one alternative in a choice model increases or decreases with the utility of another alternative, and they play important roles in capturing certain practical choice patterns, such as the halo effect. We study conditions on discrete choice models that will lead to substitutability and complementarity. We also present ways of constructing choice models that exhibit complementary property. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码：141 / 146
页数：6
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