Showing 1 - 7 of 7
We study the question of scheduling impatient customers in parallel server queuing systems. At the time of arrival, customers can be identified as one of many classes, where the class represents the service time and patience time distributions, and cost characteristics. From the system's...
Persistent link: https://www.econbiz.de/10014031992
Persistent link: https://www.econbiz.de/10010355687
A core problem in the area of revenue management is pricing goods in the presence of strategic customers. We study this problem when customers are heterogeneous with respect to their initial valuations for the item and their time sensitivities, i.e., the customers differ in both their initial...
Persistent link: https://www.econbiz.de/10012933651
We consider a service firm that caters to price and delay sensitive customers by offering a menu of service grades. Each service grade is associated with posted price and delay. Noting that an optimal menu size could be quite large when there are many classes, we study whether the firm can offer...
Persistent link: https://www.econbiz.de/10012826329
Firms have more information than their customers about the availability of the product. Given the increase in the strategic nature of customers, who consider both prices with future availability risk in making their purchase decisions, the firm may be interested in communicating this information...
Persistent link: https://www.econbiz.de/10012869764
We study a pricing and information provisioning game between a better informed seller (such as a retailer) and its customers. The seller is (ex-post) better informed about product availability and can choose how to communicate this information to the customers. Using a Bayesian persuasion...
Persistent link: https://www.econbiz.de/10012852126
When managing congested service systems, it is common to use priority rules based on some operational criteria. In this paper, we consider the societal implications of such individual-focused priority policies, when individuals are considered as members of broader population groups. We find that...
Persistent link: https://www.econbiz.de/10014089144