This paper studies a rental firm that offers reusable products to price- and quality-of-service-sensitive customers--Netflix or Blockbuster can be thought of as the canonical example. Customers' perception of quality is determined by their likelihood of obtaining the product or service...

When managing congested service systems, it is common to use priority rules based on some operational criteria. In this paper, we consider the societal implications of such individual-focused priority policies, when individuals are considered as members of broader population groups. We find that...

Problem Definition: We study optimal scheduling of customers in service systems, such as call centers. In such systems, customers typically hang up and abandon the system if their wait for service is too long. Such abandonments are detrimental for the system, and so managers typically use...

We consider revenue and social optimization in an M/M/1 queue with price and delay sensitive customers, and study the performance of uninformed pricing that does not require any arrival rate information. We formally characterize the optimal uninformed price and its performance relative to...

Information products provide agents with additional information that is used to update their actions. In many situations, access to such products can be quite limited. For instance, in epidemics, there tends to be a limited supply of medical testing kits or tests. These tests are information...

We study the value of dynamic pricing to maximize revenues in queueing systems with price and delay sensitive customers. The system queue length is visible so that upon arrival, customers decide to join the system based on the congestion and the price at that time. We analyze this problem in the...