Recommender systems have been used by online retailers along with various promotions to attract customers. They are often in the form of a single item (best bet) along with a choice set. The majority of choice set recommendations are made based on collaborative filtering algorithms that...

Online retailers are increasingly using information technologies to provide value added services to customers. Prominent examples of these services are online recommender systems and consumer feedback mechanisms that serve to reduce consumer search costs and uncertainty associated with the...

Product assortment and availability are important determinants of sales success for firms of industrial commodity products. Well-known pricing and promotion strategies for differentiated products do not translate well to such products where price is closely tied to the cost of the products....