This study analyzes a monopolistic seller’s optimal differential pricing problem with strategic consumers connected in social networks. The consumers who purchase in the later period can get positive externality from their friends who purchased in the early period but have to bear a utility...

Customer panic buying behaviors have been widely observed in recent years, especially when there is supply disruption risk. We study how a profit-maximizing retailer or a welfare-maximizing government can use information design to effectively influence customer behaviors. We use the Bayesian...

Cost effectiveness is central to the air freight forwarders. In this work, we study how an air freight forwarder should plan its cargo loading in order to minimize the total freight cost given a limited number of rented containers. To solve the problem efficiently for practical implementation,...

Airlines commonly experience the problem that the sum of freight forwarders’ orders exceeds the airline's fixed capacity for hot-selling routes, while the orders are usually 50 percent for underutilized routes. Airlines cannot dynamically change flights to address the imbalance, since they...

We consider the problem of allocating demand that originates from multiple sources among multiple inventory locations. Demand from each source arrives dynamically according to an independent Poisson process. The cost of fulfilling each order depends on both the source of the order and its...