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Consumer product companies often struggle with the decision of introducing multiple packs in the market; finding the right size and the right price often poses challenges. While many markets across the world present evidence of quantity surcharges, we attempt to bring in a demand-side rationale...
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We consider a joint assortment, inventory, and pricing problem of a retailer selling multiple vertically differentiated products of a single category. Consumers are heterogeneous in their willingness to pay for product quality. But the retailer only knows the distribution of consumer...
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Grand Challenges (GC) in the societal space have gathered a lot of attention. Extant research has highlighted the failure of several top-down innovations in addressing GCs, mainly due to the lack of contextual understanding. In this paper, we focus on the Indian Hindu funerary practices and how...
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