Download This PaperDiscrete Choice Models Based on Random Walks
10 Pages Posted: 14 May 2015 Last revised: 18 Mar 2016
Date Written: March 18, 2016
Abstract
We show that a large class of discrete choice models which contain the Markov model introduced by Blanchet et al (2013) belong to the class discrete choice models based on random utility.
Keywords: random utility models, discrete choice, Markov model, revenue management
Suggested Citation: Suggested Citation
Berbeglia, Gerardo, Discrete Choice Models Based on Random Walks (March 18, 2016). Available at SSRN: https://ssrn.com/abstract=2605666 or http://dx.doi.org/10.2139/ssrn.2605666
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