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作者:Allon, Gad
作者单位:University of Pennsylvania
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作者:Chen, Hongqiao; Hu, Ming; Wu, Jiahua
作者单位:Nanjing University; University of Toronto; Imperial College London
摘要:Problem definition: The undesirable but inevitable consequence of running promotions is that consumers can be trained to time their purchases strategically. In this paper, we study randomized promotions, where the firm randomly offers discounts over time, as an alternative strategy of intertemporal price discrimination. Methodology/results: We consider a base model where a monopolist sells a single product to a market with a constant stream of two market segments. The segments are heterogeneou...
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作者:Fu, Youran; Fisher, Marshall
作者单位:Amazon.com; University of Pennsylvania
摘要:Problem definition: How to use social media to predict style color and jeans fit sales for a retailer. Academic/practical relevance: Neither retail practice nor the academic literature provides a method for using social media to predict style color and jeans fit sales for a retailer. We present and validate a systematic approach for doing that. Methodology: Demand forecasting in the fashion industry is challenging due to short product lifetimes, long manufacturing lead times, and constant inno...
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作者:Haruvy, Ernan; Nia, Meisam Hejazi; Ozer, Ozalp; Simsek, A. Serdar
作者单位:McGill University; Alphabet Inc.; Google Incorporated; Amazon.com; University of Texas System; University of Texas Dallas
摘要:Problem definition: Dynamic forecasting models in auctions have fallen short on two dimensions: (i) the lack of an equilibrium model for final bids and (ii) the lack of a winner's curse (i.e., a tendency to overpay conditional on winning the auction) adjustment to allow bidders to account for a common value component in the auction item. In this paper, we develop a methodology to accurately predict equilibrium stage bids from the initial bidding dynamics and quantify the impact of the winner's...
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作者:He, Jiahao; Zhang, Guangyuan; Zhang, Jiheng; Zhang, Rachel Q.
作者单位:Hong Kong University of Science & Technology
摘要:Problem definition: A blockchain payment system, such as Bitcoin or Ethereum, validates electronic transactions and stores them in a chain of blocks without a central authority. Miners with computing power compete for the rights to create blocks according to a preset protocol, referred to as hashing or mining, and, in return, earn fees paid by users who submit transactions. Because of security concerns caused by decentralization, a transaction is confirmed after a number of additional blocks a...
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作者:Lin, Wilson; Lu, Susan Feng; Sun, Tianshu
作者单位:Santa Clara University; Purdue University System; Purdue University; Peking University; University of Southern California
摘要:Problem definition: We ask whether and how a charitable organization's front-line staff members can be effectively positioned to encourage donors to donate more (in compliance with the eligibility rules) during their in-person interactions. Academic/practical relevance: Specifically, we consider how charitable organizations can use microlevel data on worker-donor interactions to improve donation outcomes, via understanding of workers' experiences and donors' characteristics. Methodology: Using...
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作者:Wagner, Laura; Calvo, Eduard; Amorim, Pedro
作者单位:Universidade Catolica Portuguesa; University of Navarra; Universidade do Porto; INESC TEC
摘要:Problem definition: Online retailers often receive customer orders comprising several products of differing origins. To fulfill these orders, retailers must ship multiple parcels from different locations and-unless they are grouped somewhere along the supply chain-these may reach the customer's doorstep one by one. Academic/practical relevance: We conjecture here that receiving products sequentially instead of all together affects a consumer's reaction to her purchases, possibly influencing-fo...
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作者:Li, Ruoting; Tobey, Margaret; Mayorga, Maria E.; Caltagirone, Sherrie; Ozaltin, Osman Y.
作者单位:North Carolina State University; North Carolina State University
摘要:Problem definition: Approximately 11,000 alleged illicit massage businesses (IMBs) exist across the United States hidden in plain sight among legitimate businesses. These illicit businesses frequently exploit workers, many of whom are victims of human trafficking, forced or coerced to provide commercial sex. Academic/practical relevance: Although IMB review boards like Rubmaps.ch can provide first-hand information to identify IMBs, these sites are likely to be closed by law enforcement. Open w...
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作者:Balasubramanian, Karthik; Drake, David F.; Acimovic, Jason; Fearing, Douglas
作者单位:Howard University; University of Colorado System; University of Colorado Boulder; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Problem definition: Mobile money systems-platforms built and managed by mobile network platform operators (MMPOs) to allow money to be stored as digital currency-connect millions of poor and unbanked people to the formal financial system. Unfortunately, low service levels because of the suboptimal management of cash and digital currency (e-float) inventory impede the development of these ecosystems. Accordingly, we seek to answer the question of how agents should manage inventories of cash and...
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作者:Zhu, Feng; Liu, Shaoxuan; Wang, Rowan; Wang, Zizhuo
作者单位:Massachusetts Institute of Technology (MIT); Shanghai Jiao Tong University; Shanghai Jiao Tong University; Southern University of Science & Technology; The Chinese University of Hong Kong, Shenzhen
摘要:Problem definition: We consider a revenue management problem that arises from the selling of high-speed train tickets in China. Compared with traditional network revenue management problems, the new feature of our problem is the assign-to-seat restriction. That is, each request, if accepted, must be assigned instantly to a single seat throughout the whole journey, and later adjustment is not allowed. When making decisions, the seller needs to track not only the total seat capacity available, b...