Many firms regularly introduce new products. Before the launch of any new product, firms need to make various operational decisions, which are guided by the sales forecast. The new product sales forecasting problem is challenging when compared to forecasting sales of existing products. For...

The mismatch between newsvendor theory and experimental observations has garnered significant attention in the literature; several theories have been developed to capture the observed behavior. Yet, there has been limited research on the implications of observed behavior, leaving both a...

In this paper, we develop a model for the adoption of solar photovoltaic technology by residential consumers. In particular, we assume consumers purchase these solar panels according to a discrete choice model. The technology adoption process is reinforced by network externalities such as...

Problem definition: Online retailers provide recommendations of ancillary services when a customer is making a purchase. Our goal is to predict the Net Present Value (NPV) of these services, estimate the probability of a customer subscribing to each of them depending on what services are offered...