Showing 1 - 10 of 71
We consider a periodic-review inventory control problem for the Multi-Warehouse Multi-Store system with lost sales. We focus on a time horizon during which the system receives no external replenishment. Specifically, each warehouse has a finite initial inventory at the beginning of the horizon,...
Persistent link: https://www.econbiz.de/10013231462
We consider an online personalized assortment optimization problem where customers arrive sequentially and make their choices (e.g., click an ad, purchase a product) following the multinomial logit (MNL) model with unknown parameters. Utilizing customer's personal information, the firm makes an...
Persistent link: https://www.econbiz.de/10012865198
In the recent decades, the advance of information technology and abundant personal data facilitate the application of algorithmic personalized pricing. However, this leads to the growing concern of potential violation of privacy due to adversarial attack. To address the privacy issue, this paper...
Persistent link: https://www.econbiz.de/10013212963
With the rising of social media, firms seek to contract with key opinion leaders (KOLs) who have strong influence on their social media followers, to promote products of the firms by making videos. This paper studies the problem of how to select KOLs and schedule their advertising campaigns in...
Persistent link: https://www.econbiz.de/10012827898
This paper examines how data-driven personalized decisions can be made while preserving consumer privacy. Our setting is one in which the firm chooses a personalized price based on each new customer's vector of individual features; the true set of individual demand-generating parameters is...
Persistent link: https://www.econbiz.de/10012311912
Following the increasing popularity of personalized pricing, there is a growing concern from customers and policy makers regarding fairness considerations. This paper studies the problem of dynamic pricing with unknown demand under two types of fairness constraints: price fairness and demand...
Persistent link: https://www.econbiz.de/10014087183
We consider the inventory control problem of a Multi-Warehouse Multi-Store (MWMS) system over a time horizon that the warehouses receive no external replenishment. This problem is prevalent in retail settings, and it is referred to in Jackson (1988) as “what to do until your (external)...
Persistent link: https://www.econbiz.de/10014087881
Persistent link: https://www.econbiz.de/10010341693
Persistent link: https://www.econbiz.de/10011746583
We consider the setting of a firm operating multiple warehouses and multiple stores where each warehouse is endowed with an initial non-replenishable inventory. There is a finite selling horizon and, at the beginning of each period, the firm needs to decide for each store how many units of...
Persistent link: https://www.econbiz.de/10014235799