The optimal locations of branch facilities and main facilities with consumer search

Article Abstract:

The strategic positions of main stores and major stores, in an area interval (1,0) having similar number of residents throughout, are evaluated relative to consumer preference. Two probabilities are used: the consumer has a higher probability of finding the searched item at the main facility (probability 1), or the consumer has a smaller probability of getting the same item at the branch facility (probability w). When comparison is made between phone and visit search, the probabilities are almost the same under visit search than phone search.

Retail Stores, Buildings and facilities, Consumer behavior, Stores, Store location, Facility management, Facilities management

---

Discrete spatial choice models for aggregate destinations

Article Abstract:

A choice model is designed to determine the correct utility optimization of the aggregates based on the nested logit model. In contrast to the multinomial logit model, the new model permits the correlation of independent error terms, which are related with elemental derivatives that are localized within a single aggregate. This is done following the asymptotic theory of extremes which allows the substitution of the error terms distributed by Gumbel, in the presence of large numbers of derivatives in the aggregate zones.

Macroeconomics, Spatial systems, Logits, Spatial analysis (Statistics)

---

On frontier specifications for discrete binary choice analysis

Article Abstract:

Frontier specifications for binary discrete choice analysis was proposed. Optimization errors and a combination individual and obervational errors were allowed for, yielding closed form choice probabilities. Choice probabilities were estimable using maximum-likelihood techniques. The assessment of the impact of government policy on welfare is one application of these binary choice models.

Decision-making, Decision making

Similar abstracts:

• Abstracts: The effect of common and unique features in consumer choice. When thinking beats doing: the role of optimistic expectations in goal-based choice
• Abstracts: Spatial price competition when stores are not certain to have what consumers want. Spatial Cournot competition and heterogeneous production costs across locations
• Abstracts: The acquisition of firm technological capabilities in Mexico's open economy, the case of vitro. Learning from variety and competition between technological options for generating photovoltaic electricity
• Abstracts: The Effectiveness of Family Life Cycle Variables in Consumer Expenditure Research. A Resource Exchange Theory Analysis of Consumer Behavior
• Abstracts: Superiors' evaluations and subordinates' perceptions of transformational and transactional leadership. Leader Sex, Leader Success, and Leadership Process: Two Field Studies

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.