The paper provides a comprehensive review of the recent development of revenue
management in different industries. We discuss research on different revenue management …

Distributions with an increasing generalized failure rate (IGFR) have useful applications in
pricing and supply chain contracting problems. We provide alternative characterizations of …

This paper proposes a general model for describing the equilibrium state of a ride-sourcing
market with an arbitrary number of platforms competing with each other. As the number of …

In this paper a new probability density function with bounded domain is presented. The new
distribution arises from the generalized Lindley distribution proposed by Zakerzadeh and …

In this paper, we develop a stylized partially observed Markov decision process (POMDP)
framework to study a dynamic pricing problem faced by sellers of fashion-like goods. We …

We study a problem of dynamic pricing faced by a vendor with limited inventory, uncertain
about demand, and aiming to maximize expected discounted revenue over an infinite time …

We introduce a measure of elasticity of stochastic demand, called the elasticity of the lost-
sales rate, which offers a unifying perspective on the well-known newsvendor with pricing …

We consider the problem of dynamically cross-selling products (eg, books) or services (eg,
travel reservations) in the e-commerce setting. In particular, we look at a company that faces …

The bus-bridging service has always faced problems in severe emergencies or catastrophes
that require the large-scale evacuation of passengers. This paper provides an alternative …

The generalized failure rate of a continuous random variable has demonstrable importance
in operations management. If the valuation distribution of a product has an increasing …