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We consider a capacity provider who offers multiple versions of a single product, such as different seat locations for an event. We assume that the different versions share an unknown core value and command a known premium or discount relative to the core value. Customers arrive at an unknown...
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We propose one of the first models of "product framing" and pricing. Product framing refers to the way consumer choice is influenced by how the products are framed, or displayed. We present a model where a set of products are displayed, or framed, into a set of virtual web pages. We assume that...
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We consider the problem of a firm seeking to use personalized pricing to sell an exogenously given stock of a product over a finite selling horizon to different consumer types. We assume that the type of an arriving consumer can be observed but the demand function associated with each type is...
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Chapter 1. Single Resource Revenue Management with Independent Demands -- Chapter 2. Network Revenue Management with Independent Demands -- Chapter 3. Overbooking -- Chapter 4. Introduction to Choice Modeling -- Chapter 5. Assortment Optimization -- Chapter 6. Single Resource Revenue Management...
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