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We study the joint pricing and inventory management problem in the presence of online customer reviews. Customers who purchase the product may post reviews that would influence future customers' purchasing behaviors. Under the common practice of customer-generated reviews on e-commerce...
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Delays in product availability are common in e-commerce where electronic retailers try to manage with very low inventories. While this lowers inventory costs, the negative effect of increased stockouts is to reduce net demand for the product. We analyze the effect of offering a lower price...
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We study a setting in which consumers can either purchase a product for which they have uncertain valuation and, hence, uncertain utility or choose an outside option for which their utility is certain. The uncertainty in the product valuation is resolved after a consumer chooses either of the...
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