{"id":"https://openalex.org/W4283030369","doi":"https://doi.org/10.1177/1063293x221102205","title":"Robust product line pricing under the multinomial logit choice model","display_name":"Robust product line pricing under the multinomial logit choice model","publication_year":2022,"publication_date":"2022-06-16","ids":{"openalex":"https://openalex.org/W4283030369","doi":"https://doi.org/10.1177/1063293x221102205"},"language":"en","primary_location":{"id":"doi:10.1177/1063293x221102205","is_oa":false,"landing_page_url":"https://doi.org/10.1177/1063293x221102205","pdf_url":null,"source":{"id":"https://openalex.org/S25105827","display_name":"Concurrent Engineering","issn_l":"1063-293X","issn":["1063-293X","1531-2003"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Concurrent Engineering","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5082901125","display_name":"Wei Qi","orcid":"https://orcid.org/0000-0002-4051-823X"},"institutions":[{"id":"https://openalex.org/I173899330","display_name":"Henan University","ror":"https://ror.org/003xyzq10","country_code":"CN","type":"education","lineage":["https://openalex.org/I173899330"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Wei Qi","raw_affiliation_strings":["Institute of Management Science and Engineering, Henan University, Kaifeng, China"],"affiliations":[{"raw_affiliation_string":"Institute of Management Science and Engineering, Henan University, Kaifeng, China","institution_ids":["https://openalex.org/I173899330"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100426937","display_name":"Xinggang Luo","orcid":"https://orcid.org/0000-0002-7689-8449"},"institutions":[{"id":"https://openalex.org/I50760025","display_name":"Hangzhou Dianzi University","ror":"https://ror.org/0576gt767","country_code":"CN","type":"education","lineage":["https://openalex.org/I50760025"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xinggang Luo","raw_affiliation_strings":["School of Management, Hangzhou Dianzi University, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Hangzhou Dianzi University, Hangzhou, China","institution_ids":["https://openalex.org/I50760025"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5059234371","display_name":"Xuwang Liu","orcid":"https://orcid.org/0000-0002-6492-2093"},"institutions":[{"id":"https://openalex.org/I173899330","display_name":"Henan University","ror":"https://ror.org/003xyzq10","country_code":"CN","type":"education","lineage":["https://openalex.org/I173899330"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xuwang Liu","raw_affiliation_strings":["Institute of Management Science and Engineering, Henan University, Kaifeng, China"],"affiliations":[{"raw_affiliation_string":"Institute of Management Science and Engineering, Henan University, Kaifeng, China","institution_ids":["https://openalex.org/I173899330"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5009338775","display_name":"Zhong-Liang Zhang","orcid":"https://orcid.org/0000-0001-6555-7908"},"institutions":[{"id":"https://openalex.org/I50760025","display_name":"Hangzhou Dianzi University","ror":"https://ror.org/0576gt767","country_code":"CN","type":"education","lineage":["https://openalex.org/I50760025"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhong-Liang Zhang","raw_affiliation_strings":["School of Management, Hangzhou Dianzi University, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Hangzhou Dianzi University, Hangzhou, China","institution_ids":["https://openalex.org/I50760025"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5100426937"],"corresponding_institution_ids":["https://openalex.org/I50760025"],"apc_list":null,"apc_paid":null,"fwci":0.2058,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.53447645,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"30","issue":"3","first_page":"273","last_page":"282"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.9887999892234802,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9843000173568726,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/multinomial-logistic-regression","display_name":"Multinomial logistic regression","score":0.6228808164596558},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5961925387382507},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.5688689351081848},{"id":"https://openalex.org/keywords/valuation","display_name":"Valuation (finance)","score":0.5650690793991089},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5439474582672119},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.45258718729019165},{"id":"https://openalex.org/keywords/new-product-development","display_name":"New product development","score":0.4148316979408264},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.39442622661590576},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3684239089488983},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2788394093513489}],"concepts":[{"id":"https://openalex.org/C117568660","wikidata":"https://www.wikidata.org/wiki/Q1650843","display_name":"Multinomial logistic regression","level":2,"score":0.6228808164596558},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5961925387382507},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5688689351081848},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.5650690793991089},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5439474582672119},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.45258718729019165},{"id":"https://openalex.org/C19351080","wikidata":"https://www.wikidata.org/wiki/Q1395034","display_name":"New product development","level":2,"score":0.4148316979408264},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39442622661590576},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3684239089488983},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2788394093513489},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1177/1063293x221102205","is_oa":false,"landing_page_url":"https://doi.org/10.1177/1063293x221102205","pdf_url":null,"source":{"id":"https://openalex.org/S25105827","display_name":"Concurrent Engineering","issn_l":"1063-293X","issn":["1063-293X","1531-2003"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Concurrent Engineering","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G4327457745","display_name":null,"funder_award_id":"72001071, 71831006, 71771070, 71601071","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":26,"referenced_works":["https://openalex.org/W1965337270","https://openalex.org/W1995406648","https://openalex.org/W2000660966","https://openalex.org/W2028961802","https://openalex.org/W2042141923","https://openalex.org/W2045980827","https://openalex.org/W2046309750","https://openalex.org/W2086638968","https://openalex.org/W2098763115","https://openalex.org/W2117933731","https://openalex.org/W2120586050","https://openalex.org/W2129589037","https://openalex.org/W2164045487","https://openalex.org/W2167598103","https://openalex.org/W2340154791","https://openalex.org/W2548918507","https://openalex.org/W2608906690","https://openalex.org/W3009902006","https://openalex.org/W3096305052","https://openalex.org/W3121365259","https://openalex.org/W3121705464","https://openalex.org/W3122852197","https://openalex.org/W3122879329","https://openalex.org/W3124282529","https://openalex.org/W3124497047","https://openalex.org/W3125773256"],"related_works":["https://openalex.org/W2494119046","https://openalex.org/W1506113033","https://openalex.org/W2369306031","https://openalex.org/W1582951599","https://openalex.org/W2995269021","https://openalex.org/W2104977651","https://openalex.org/W3033697969","https://openalex.org/W3199373459","https://openalex.org/W195509626","https://openalex.org/W2334715211"],"abstract_inverted_index":{"Incorporating":[0],"consumer":[1,15,36],"choice":[2,37],"behavior":[3],"into":[4],"a":[5,71,87,98],"product":[6,25,67,89,100,142,187],"line":[7,26,68,90,101,143,188],"design":[8,189],"optimization":[9,27],"model":[10,48,74,91,102],"enhances":[11],"the":[12,19,40,47,62,78,81,105,110,128,138,152,155,160,165,168,171,175,180],"understanding":[13],"of":[14,51,64,80,140,167,170],"choices":[16],"and":[17,57,122,126,159,174],"improves":[18],"opportunities":[20],"to":[21,75,92,103,145,179],"increase":[22,166],"profit.":[23,94,195],"Most":[24],"problems":[28],"assume":[29],"that":[30,151],"parameters":[31,49],"are":[32],"precisely":[33,45],"known":[34],"in":[35,114],"model.":[38],"However,":[39],"decision":[41],"maker":[42],"does":[43],"not":[44],"know":[46],"because":[50],"insufficient":[52],"sample":[53],"data,":[54],"measurement":[55],"problems,":[56],"other":[58],"factors.":[59],"We":[60,95,118,149],"investigate":[61],"problem":[63],"establishing":[65],"robust":[66,99,141,176,186],"pricing":[69,144],"under":[70],"multinomial":[72],"logit":[73],"account":[76],"for":[77],"uncertainty":[79,116,172],"valuation":[82,111],"parameter.":[83],"First,":[84],"we":[85,136],"present":[86],"nominal":[88,157,182],"maximize":[93,104],"then":[96],"establish":[97],"worst-case":[106,161,181],"expected":[107,156],"profit,":[108],"where":[109],"parameter":[112,147],"lies":[113],"an":[115],"set.":[117],"consider":[119],"both":[120],"single":[121],"multiple":[123],"products":[124],"development":[125],"derive":[127],"optimal":[129],"prices\u2019":[130],"closed-form":[131],"expressions.":[132],"Through":[133],"numerical":[134],"experiments,":[135],"illustrate":[137],"benefit":[139],"address":[146],"uncertainty.":[148],"demonstrate":[150],"difference":[153],"between":[154],"profit":[158,162,177,183],"increases":[163],"with":[164],"interval":[169],"set,":[173],"relative":[178],"improves.":[184],"The":[185],"can":[190],"ensure":[191],"steadier,":[192],"even":[193],"higher":[194]},"counts_by_year":[{"year":2024,"cited_by_count":1}],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-10-10T00:00:00"}