Using a unique proprietary account-level trading dataset in China, we investigate how active information acquisition alleviates price-based return comovement, a typical anomaly in stock splits. We find that: 1) individual trading drives the comovement and the trading correlation between split...

We study the classic multi-period joint pricing and inventory control problem in a data-driven setting.In this problem, a retailer makes periodic decisions on the prices and inventory levels of an item that she wishes to sell. The retailer's objective is to maximize the expected profit over a...

We study a single product pricing problem with demand censoring in an offline data-driven setting. In this problem, a retailer is given a finite amount of inventory, and faces a random demand that is price sensitive in a linear fashion with unknown price sensitivity and base demand distribution....

Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...