Posted price mechanisms for a random stream of customers

J Correa, P Foncea, R Hoeksma, T Oosterwijk… - Proceedings of the …, 2017 - dl.acm.org
Posted price mechanisms constitute a widely used way of selling items to strategic
consumers. Although suboptimal, the attractiveness of these mechanisms comes from their …

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 …

Optimal auctions vs. anonymous pricing

S Alaei, J Hartline, R Niazadeh, E Pountourakis… - Games and Economic …, 2019 - Elsevier
For selling a single item to agents with independent but non-identically distributed values,
the revenue optimal auction is complex. With respect to it, Hartline and Roughgarden (2009) …

The power of opaque products in pricing

AN Elmachtoub, ML Hamilton - Management Science, 2021 - pubsonline.informs.org
We study the power of selling opaque products, that is, products where a feature (such as
color) is hidden from the customer until after purchase. Opaque products, which are sold …

Tight revenue gaps among simple mechanisms

Y Jin, P Lu, ZG Tang, T Xiao - SIAM Journal on Computing, 2020 - SIAM
We consider a fundamental problem in microeconomics: selling a single item to a number of
potential buyers, whose values are drawn from known independent and regular (not …

The competition complexity of dynamic pricing

J Brustle, J Correa, P Dütting, V Verdugo - Proceedings of the 23rd ACM …, 2022 - dl.acm.org
We study the competition complexity of dynamic pricing relative to the optimal auction in the
fundamental single-item setting. In prophet inequality terminology, we compare the expected …

On policies for single-leg revenue management with limited demand information

W Ma, D Simchi-Levi, CP Teo - Operations Research, 2021 - pubsonline.informs.org
In this paper, we study the single-item revenue management problem, with no information
given about the demand trajectory over time. When the item is sold through …

Prophet inequalities vs. approximating optimum online

R Niazadeh, A Saberi, A Shameli - … , WINE 2018, Oxford, UK, December 15 …, 2018 - Springer
We revisit the classic prophet inequality problem, where the goal is selling a single item to
an arriving sequence of buyers whose values are drawn from independent distributions, to …

Simple pricing schemes for the cloud

IA Kash, P Key, W Suksompong - ACM Transactions on Economics and …, 2019 - dl.acm.org
The problem of pricing the cloud has attracted much recent attention due to the widespread
use of cloud computing and cloud services. From a theoretical perspective, several …

[PDF][PDF] On the complexity of sequential posted pricing

T Xiao, Z Liu, W Huang - … of the 19th International Conference on …, 2020 - ifaamas.org
We study the well-known Sequential Posted Pricing scheme with one item, under the
Bayesian setting that the value of each participating agent to the item is drawn from her own …