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We consider the problem faced by an online service platform that matches suppliers with consumers. Unlike traditional matching models, which treat them as passive participants, we allow both sides of the market to exercise their choices. To model this setting, we introduce a two-sided assortment...
Persistent link: https://www.econbiz.de/10014244378
Persistent link: https://www.econbiz.de/10013364122
We examine the problem of identifying an optimal set of items to put up for sale (out of a larger set) in simultaneous sealed-bid auctions when pre-bidding item inspection or participation is costly, and the bidders' inspection budgets are limited. We first discuss how there can be uncertainty...
Persistent link: https://www.econbiz.de/10014236661
Problem definition: We consider the intraday scheduling problem in a group of Orthopaedic clinics where the planner schedules appointment times given a sequence of appointments. We consider patient re-entry - where patients may be required to go for an X-ray examination, returning to the same...
Persistent link: https://www.econbiz.de/10013240522
In many countries, the COVID-19 vaccination program faces great challenges, from the management of limited and irregular supply of vaccines, uncertain vaccine take-up rate from the population, and appropriate appointment booking management to reduce congestion etc. In addition, the feature of a...
Persistent link: https://www.econbiz.de/10013214757
We investigate how dynamic pricing can lead to more product returns in the online retail industry. Using detailed sales data of more than two million transactions from the Indian online retail market, where price promotions are very common, we document two types of strategic customer behavior...
Persistent link: https://www.econbiz.de/10012013493
Propagation of disruptions across networks is a feature of the modern economy. An example of disruption propagation is in airline networks where disruptions, like hurricanes, cause delays which propagate through the network. Modeling the propagation of delays in airlines is difficult due to the...
Persistent link: https://www.econbiz.de/10014076993
We consider a multi-item VCG auction setting where a bidder’s valuation of a bundle of items is additive, i.e., the sum of the individual item valuations in the bundle. We propose a direct mechanism, called the Pairwise Bundler Auction (PBA), where bidders report their individual item...
Persistent link: https://www.econbiz.de/10014077040
Many sharing platforms facilitate on-demand service to their guests and allow guests to reserve assets ahead of service. On such platforms, ''hosts''- asset owners who rent their assets- inform the platform beforehand about their asset's availability by creating a ''listing." By doing so, the...
Persistent link: https://www.econbiz.de/10014080063
Flight delays have been a growing issue and they have reached an all-time high in recent years, with the airlines' on-time performance at its worst level in 2007 since 1995. A recent report by the Joint Economic Committee of the U.S. Congress chaired by Senator Charles E. Schumer has estimated...
Persistent link: https://www.econbiz.de/10013036204