Search Results - "Besbes, Omar"
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Dynamic Pricing Without Knowing the Demand Function: Risk Bounds and Near-Optimal Algorithms
Published in Operations research (01-11-2009)“…We consider a single-product revenue management problem where, given an initial inventory, the objective is to dynamically adjust prices over a finite sales…”
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Intertemporal Price Discrimination: Structure and Computation of Optimal Policies
Published in Management science (01-01-2015)“…We study a firm’s optimal pricing policy under commitment. The firm’s objective is to maximize its long-term average revenue given a steady arrival of…”
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On the (Surprising) Sufficiency of Linear Models for Dynamic Pricing with Demand Learning
Published in Management science (01-04-2015)“…We consider a multiperiod single product pricing problem with an unknown demand curve. The seller’s objective is to adjust prices in each period so as to…”
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Non-Stationary Stochastic Optimization
Published in Operations research (01-09-2015)“…We consider a non-stationary variant of a sequential stochastic optimization problem, in which the underlying cost functions may change along the horizon. We…”
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Prior-Independent Optimal Auctions
Published in Management science (01-10-2020)“…Auctions are widely used in practice. Although auctions are also extensively studied in the literature, most of the developments rely on the significant common…”
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On Information Distortions in Online Ratings
Published in Operations research (01-05-2018)“…Consumer reviews and ratings of products and services have become ubiquitous on the Internet. This paper analyzes, given the sequential nature of reviews and…”
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On Implications of Demand Censoring in the Newsvendor Problem
Published in Management science (01-06-2013)“…We consider a repeated newsvendor problem in which the decision maker (DM) does not have access to the underlying demand distribution. The goal of this paper…”
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Blind Network Revenue Management
Published in Operations research (01-11-2012)“…We consider a general class of network revenue management problems, where mean demand at each point in time is determined by a vector of prices, and the…”
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How Big Should Your Data Really Be? Data-Driven Newsvendor: Learning One Sample at a Time
Published in Management science (01-10-2023)“…We study the classical newsvendor problem in which the decision maker must trade off underage and overage costs. In contrast to the typical setting, we assume…”
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Editorial Statement—Revenue Management and Market Analytics
Published in Management science (01-04-2020)Get full text
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Surge Pricing and Its Spatial Supply Response
Published in Management science (01-03-2021)“…We consider the pricing problem faced by a revenue-maximizing platform matching price-sensitive customers to flexible supply units within a geographic area…”
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Optimal Pricing with a Single Point
Published in Management science (01-10-2023)“…Historical data are typically limited. We study the following fundamental data-driven pricing problem. How can/should a decision maker price its product based…”
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Optimal Exploration–Exploitation in a Multi-armed Bandit Problem with Non-stationary Rewards
Published in Stochastic systems (01-12-2019)“…In a multi-armed bandit problem, a gambler needs to choose at each round one of K arms, each characterized by an unknown reward distribution. The objective is…”
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Product Assortment and Price Competition under Multinomial Logit Demand
Published in Production and operations management (01-01-2016)“…The role of assortment planning and pricing in shaping sales and profits of retailers is well documented and studied in monopolistic settings. However, such a…”
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Shapley Meets Uniform: An Axiomatic Framework for Attribution in Online Advertising
Published in Management science (01-10-2022)“…One of the central challenges in online advertising is attribution, namely, assessing the contribution of individual advertiser actions such as emails, display…”
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On the Minimax Complexity of Pricing in a Changing Environment
Published in Operations research (01-01-2011)“…We consider a pricing problem in an environment where the customers' willingness-to-pay (WtP) distribution may change at some point over the selling horizon…”
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Repeated Auctions with Budgets in Ad Exchanges: Approximations and Design
Published in Management science (01-04-2015)“…Ad exchanges are emerging Internet markets where advertisers may purchase display ad placements, in real time and based on specific viewer information,…”
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Dynamic Pricing with Financial Milestones: Feedback-Form Policies
Published in Management science (01-09-2012)“…We study a seller that starts with an initial inventory of goods, has a target horizon over which to sell the goods, and is subject to a set of financial…”
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Contracting in Medical Equipment Maintenance Services: An Empirical Investigation
Published in Management science (01-03-2019)“…Maintenance service plans (MSPs) are contracts for the provision of maintenance by a service provider to an equipment operator. These plans can have different…”
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Revenue Optimization for a Make-to-Order Queue in an Uncertain Market Environment
Published in Operations research (01-11-2009)“…We consider a revenue-maximizing make-to-order manufacturer that serves a market of price- and delay-sensitive customers and operates in an environment in…”
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