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This paper examines the dynamic pricing decisions of a monopolist seller when customers have time-inconsistent preferences, which is modeled by quasi-hyperbolic discounting. By considering the cases where customers can be sophisticated, naive, or partially naive about their time-inconsistent...
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In the presence of context effects, the perceived attractiveness of individual items is not fixed and depends on other items that are offered beside them. While context effects are well explored in the marketing and psychology literature, very little work has been done on incorporating these...
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We study an assortment optimization problem under a multi-purchase choice model in which customers choose a bundle of up to one product from each of two product categories. Different bundles have different utilities and the bundle price is the summation of the prices of products in it. For the...
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