Showing 1 - 5 of 5
In the Bayesian online selection problem, the goal is to design a pricing scheme for a sequence of arriving buyers that maximizes the expected social-welfare (or revenue) subject to different types of structural constraints. Inspired by applications in operations management, the focus of this...
Persistent link: https://www.econbiz.de/10014032715
Motivated by applications of rental services in e-commerce, we consider real-time assortment of reusable products. In our model, arriving consumers with heterogeneous types choose rental products from the offered assortment, pay the rental fees, and return the product to the platform after a...
Persistent link: https://www.econbiz.de/10012848584
Matching and pricing are two critical levers in ride sharing marketplaces to match demand and supply. There, the platform can produce more efficient matching and pricing decisions by batching the requests. The goal of this paper is extending this batching paradigm to enable the platform to make...
Persistent link: https://www.econbiz.de/10012832644
We study a submodular maximization problem motivated by applications in online retail. A platform displays a list of products to a user in response to a search query. The user inspects the first k items in the list for a k chosen at random from a given distribution, and makes a decision whether...
Persistent link: https://www.econbiz.de/10012840992
Motivated by the applications of rental services in e-commerce, we consider revenue maximization in online assortment of reusable resources for a stream of arriving consumers with different types. We design competitive online algorithms with respect to the optimum online policy in the Bayesian...
Persistent link: https://www.econbiz.de/10013289826