A review of revenue management: Recent generalizations and advances in industry applications

R Klein, S Koch, C Steinhardt, AK Strauss - European journal of operational …, 2020 - Elsevier
Originating from passenger air transport, revenue management has evolved into a general
and indispensable methodological framework over the last decades, comprising techniques …

Assortment planning: Review of literature and industry practice

AG Kök, ML Fisher, R Vaidyanathan - Retail supply chain management …, 2015 - Springer
A retailer's assortment is defined by the set of products carried in each store at each point in
time. The goal of assortment planning is to specify an assortment that maximizes sales or …

Dual mirror descent for online allocation problems

S Balseiro, H Lu, V Mirrokni - International Conference on …, 2020 - proceedings.mlr.press
We consider online allocation problems with concave revenue functions and resource
constraints, which are central problems in revenue management and online advertising. In …

Real-time optimization of personalized assortments

N Golrezaei, H Nazerzadeh… - Management …, 2014 - pubsonline.informs.org
Motivated by the availability of real-time data on customer characteristics, we consider the
problem of personalizing the assortment of products for each arriving customer. Using actual …

The future of retail operations

F Caro, AG Kök… - Manufacturing & Service …, 2020 - pubsonline.informs.org
Retailing consists of all the activities associated with the selling of goods to the final
consumer. In this article, we review the research on retail operations published in …

A statistical learning approach to personalization in revenue management

X Chen, Z Owen, C Pixton… - Management …, 2022 - pubsonline.informs.org
We consider a logit model-based framework for modeling joint pricing and assortment
decisions that take into account customer features. This model provides a significant …

When waiting to see a doctor is less irritating: Understanding patient preferences and choice behavior in appointment scheduling

N Liu, SR Finkelstein, ME Kruk… - Management …, 2018 - pubsonline.informs.org
This paper examines patient preferences and choice behavior in scheduling medical
appointments. We conduct four discrete choice experiments on two distinct populations and …

The value of personalized pricing

AN Elmachtoub, V Gupta… - Management …, 2021 - pubsonline.informs.org
Increased availability of high-quality customer information has fueled interest in
personalized pricing strategies, that is, strategies that predict an individual customer's …

A dynamic clustering approach to data-driven assortment personalization

F Bernstein, S Modaresi, D Sauré - Management Science, 2019 - pubsonline.informs.org
We consider an online retailer facing heterogeneous customers with initially unknown
product preferences. Customers are characterized by a diverse set of demographic and …

A data-driven approach to personalized bundle pricing and recommendation

M Ettl, P Harsha, A Papush… - Manufacturing & Service …, 2020 - pubsonline.informs.org
Problem definition: The growing trend in online shopping has sparked the development of
increasingly more sophisticated product recommendation systems. We construct a model …