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This paper examines the dynamic pricing decisions of a monopolist seller when customers have time-inconsistent preferences, which is modeled by quasi-hyperbolic discounting. By considering the cases where customers can be sophisticated, naive, or partially naive about their time-inconsistent...
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We consider a traditional joint pricing and inventory control problem with lead times, which has been extensively studied in the literature but is notoriously difficult to solve due to the complex structure of the optimal policy. In this work, rather than analyzing the optimal policy, we propose...
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In low-density rural areas, implementing traditional public transportation can be challenging due to the first-and-last-mile problem. With the development of transformative technologies, an online ride-sharing platform can be a solution to address the rural mobility problem by offering on-demand...
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