Revenue Maximization: Introduction to Choice Models

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Page 3 of 4

Explores consumer psychology in pricing, value-based pricing, and distribution channels.

Explores mixture models, including discrete and continuous mixtures, and their application in capturing taste heterogeneity in populations.

Introduces mixtures, covers discrete and continuous mixtures, explores examples, and discusses combining probit and logit models.

Explores innovation appropriability, strategies for exclusivity, pricing challenges, and the impact of patents on innovation.

Explores radiation imaging principles, detection technology, challenges in detector development, market competition, and future trends.

Explores real estate market dynamics, including supply, demand, equilibrium, and market disruptions.

Explores production theory, costs, and returns in relation to a producer's behavior and cost structure.

Explores market equilibrium in land and real estate economics, focusing on buyer and seller selection based on willingness to pay or receive.

Introduces Discrete Choice Analysis, covering scale, depth, data collection, and statistical inference.

Covers the binary choice model, error term assumptions, specific constants, invariances, and distribution properties.