REVENUE MANAGEMENT AND PRICING SECTION
VIIIth ANNUAL CONFERENCE, JUNE 18-20, 2008, Université de Montréal, MONTRÉAL
, 18 — 20 June 2008
SCHEDULE
Complete list of abstracts
Wednesday, June 18
Agora - 10:00 Registration
S1-151 - 13:30-14:00 Welcome address
S1-151 - 14:00-15:00 Plenary session (academic)
Chairperson : Forthcoming
Revenue Management and Pricing under Significant Common Costs
Marcel Boyer, Université de Montréal et Institut économique de Montréal
Agora - 15:00 Coffee break
15:30-17:30 TRACK I
S1-125 - Session I.1: GAME THEORY I
Chairperson: Dan Zhang
Competition and Fare Class Allocation: Analysis of the Multi-Airline Problem
Gao, Huina, University of Maryland
Ball, Michael, University of Maryland
Karaesmen, Itir, University of Maryland
Joint Memory-Dependent Pricing, Innovation, and Product Introduction Strategies
Arslan, Hasan, Sawyer Business School, Suffolk University
Kachani, Soulaymane, IEOR Department, Columbia University
Shmatov, Kyrylo, APAM Department, Columbia University
Generalized Nash Games and their Applications in Pricing
Jiang, Houyuan, Judge Business School, University of Cambridge
Levin, Yuri, School of Business, Queen's University
Levina, Tatsiana, School of Busines, Queen's University
McGill, Jeff, School of Business, Queen's University
Nediak, Mikhail, School of Business, Queen's University
Dynamic Revenue Management in Competitive Environments
Zhang, Dan, McGill University
S1-131 - Session I.2: AIRLINES I
Chairperson: Huseyin Topaloglu
Applying Support Vector Machine to Passenger Name Record Based Cancellation Forecasting for Revenue Management
Romero Morales, Dolores, Said Business School, University of Oxford
Wang, Jingbo, Said Business School, University of Oxford
Stochastic Approximation for Capacity Allocation on a Single Flight Leg
Topaloglu, Huseyin, Cornell University
Kunnumkal, Sumit, Indian School of Business
Internet Penetration and Capacity Utilization in the US Airline Industry
Dana, James, Northeastern University
Orlov, Eugene, Compass Lexecon
Saving Seats for Strategic Customers
Lariviere, Martin, Northwestern University
Cil, Eren, Northwestern University
S1-139 - Session I.3: CUSTOMER CHOICE I
Chairperson: Gustavo Vulcano
Revenue and Response Time Management for Queueing Systems with Customer Choice
Afeche, Philipp, Rotman School of Management; University of Toronto
Pavlin, Michael, Rotman School of Management; University of Toronto
On "Buy Up" as a Model of Customer Choice
Li, Le, University of Minnesota
Cooper, William, University of Minnesota
On the Value of Psychological Elation and Disappointment Effects on Capacity and Pricing Decisions
Liu, Qian, Hong Kong University of Science and Technology
Shum, Stephen, Hong Kong University of Science and Technology
Selling with Reservations in the Presence of Strategic Consumers
Osadchiy, Nikolay, New York University
Vulcano, Gustavo, New York University
Agora - 17:30-19:30 COCKTAIL
Thursday, June 19
Agora - 07:30-08:30 Breakfast
08:30-10:00 TRACK II
S1-125 - Session II.1: OPTIMIZATION MODELS
Chairperson: Géraldine Heilporn
Dynamic Programming Decomposition Methods for Joint Capacity Allocation and Overbooking in Network Revenue Management
Erdelyi, Alexander, Cornell University
Topaloglu, Huseyin, Cornell University
Optimal Dynamic Promotion and the Knapsack Problem for Perishable Items
Jacko, Peter, Universidad Carlos III de Madrid, Department of Statistics
Near-Optimal Protection Level Policies for the Capacity Allocation Problem
Lee, Thiam, IEOR Department, Columbia University
Huh, Tim, IEOR Department, Columbia University
Levi, Retsef, Sloan School of Management and Operations Research Center, Massachusetts Institute of Technology
A Polyhedral Study of the Network Pricing Problem with Connected Toll Arcs
Heilporn, Géraldine, Université de Montréal, Université Libre de Bruxelles
Labbé, Martine, Université Libre de Bruxelles
Marcotte, Patrice, Université de Montréal
Savard, Gilles, École Polytechnique de Montréal
S1-131 - Session II.2: INDUSTRY I
Chairperson: Gilles Savard
Improving Pricing Performance
Oosten, Maarten, PROS
A New Revenue Optimization Tool for High-Speed Railways
Côté, Jean-Philippe, ExPretio
Riss, Marianne, SNCF
Savard, Gilles, École Polytechnique de Montréal
Robbe, Nicolas, Thalys
S1-139 - Session II.3: DYNAMIC PRICING I
Chairperson: Mikhail Nediak
Dynamic Pricing in a Market with Strategic Customers
Bansal, Matulya, Columbia Business School
Maglaras, Costis, Columbia Business School
On Pricing in a Non-Stationary Environment: Complexity Characterization and Optimal Policies
Besbes, Omar, The Wharton School
Zeevi, Assaf, Columbia University, Graduate School of Business
Competitive Dynamic Pricing with Guarantees in the Presence of Strategic Consumers
Aviv, Yossi, The John M. Olin School of Business, Washington University
Levin, Yuri, School of Business, Queen's University
Nediak, Mikhail, School of Business, Queen's University
Agora - 10:00 Coffee break
10:30-12:00 TRACK III
S1-125 - Session III.1: GAME THEORY II
Chairperson: Robert Shumsky
The Anarchy of Price Competition
Farahat, Amr, Cornell University
Perakis, Georgia, Massachusetts Institute of Technology
Dynamic Oligopoly: Cournot Equilibrium in Exhaustible Resource Markets
Pang, Zhan (James), University of Calgary
Revenue Management with Price Bargaining
Bhandari, Atul, University of Pittsburgh
Secomandi, Nicola, Carnegie Mellon University
Managing Revenues in Alliances Under Incomplete Information
Wright, Christopher, Simon School, University of Rochester
Groenevelt, Harry, Simon School, University of Rochester
Shumsky, Robert, Tuck School at Dartmouth
S1-131 - Session III.2: INDUSTRY II
Chairperson: Darius Walczak
Introduction to Data Normalization
Quillinan, John, Walt Disney World
Choice Models and the Marginal Revenue Data Transformation
Walczak, Darius, PROS Revenue Management
Mardan, Setareh, PROS Revenue Management
Kallesen, Royce, PROS Revenue Management
S1-139 - Session III.3: DYNAMIC PRICING II
Chairperson: Georgia Perakis
Integrated Inventory Allocation and Markdown Pricing at Multiple Stores
Chen, Ming, Robert H. Smith School of Business, University of Maryland, College Park
Chen, Zhi-Long, Robert H. Smith School of Business, University of Maryland, College Park
Pundoor, Guruprasad, ILOG
A Model of Dynamic Pricing with Strategic Customers and An Information Provider
Yang, Song, University of Chicago Graduate School of Business
Birge, John, University of Chicago Graduate School of Business
Dynamic Pricing Using Scenario Based Optimization
Lobel, Ruben, MIT
Perakis, Georgia, MIT
Agora - 12:00-13:30 Lunch
S1-151 - 13:30-14:30 Plenary session (industry)
Chairperson: Marianne Riss, SNCF
Michel Leboeuf, SNCF
Agora - 14:30 Coffee break
15:00-16:30 TRACK IV
S1-125 - Session IV.1: CONGESTED SYSTEMS
Chairperson: Nicolas Stier-Moses
Pricing Services Subject to Congestion: Sell Subscriptions or Charge a Per-Use Fee?
Cachon, Gerard , The Wharton School
Feldman, Pnina, The Wharton School
Enabling State Dependent Priority Service By Using Pricing Mechanisms That Encourage Customers to Jump The Queue
Giloni, Avi, Sy Syms School of Business, Yeshiva University
Troy, Phil, Les Entreprises TROYWARE
Pricing with Markups in Competitive Markets with Congestion
Correa, Jose, U. Adolfo Ibanez
Stier-Moses, Nicolas, U. Columbia
S1-131 - Session IV.2: CARGO AND FREIGHT
Chairperson: Mikhail Nediak
Carrier-Forwarder Contracts in the Air Cargo Industry
Gupta, Diwakar, University of Minnesota
Freight Transportation Contracting Under Uncertainty: A Real Options Approach
Tsai, Mei-Ting, University of California, Irvine
Regan, Amelia, University of California, Irvine
Saphores, Jean-Daniel, University of California, Irvine
Cargo Revenue Management with Allotments and Spot Market Demand
Levin, Yuri, School of Business, Queen's University
Nediak, Mikhail, School of Business, Queen's University
Topaloglu, Huseyin, School of Operations Research and Information Engineering, Cornell University
S1-139 - Session IV.3: DYNAMIC PRICING III
Chairperson: Houyuan Jiang
Optimal Prices and Advertising Expenditure with Inventory Constraints
Rasmussen, Henning, Dept of Applied mathematics, University of Western Ontario
MacDonald, Leo, Coles College of Business, Kennesaw State University
Dynamic Pricing of Perishable Goods for a Monopoly and a Duopoly in the Presence of Strategic Consumers
Mantin, Benny, University of Waterloo
Granot, Daniel, University of British Columbia
Dynamic Capacity Allocation and Pricing under Competition
Jiang, Houyuan, University of Cambridge
Levin, Yuri, Queen's University
Nediak, Mikhail, Queen's University
17:30-22:00 Cocktail, museum visit and banquet
Friday, June 20
Agora - 08:00-09:00 Breakfast
09:00-10:30 TRACK V
S1-111 - Session V.1: MATHEMATICAL METHODS
Chairperson: Guillaume Roels
Revenue Management of the Risk-Averse Newsboy with Atemporal Untity
Li, Michael Z.F., Nanyang Technological University
Zhuang, Weifen, Nanyang Technological University
Irrevocable Dynamic Assortment Strategies
Farias, Vivek, MIT Sloan and ORC
Madan, Ritesh, Qualcomm-Flarion Technologies
Approximate Dynamic Programming Approach to Network Revenue Management with Customer Choice and Concave Approximation of the Value Function
Strauss, Arne Karsten, Lancaster University Management School
Meissner, Joern, Lancaster University Management School
A Riskless Price Heuristic for the Newsvendor
Roels, Guillaume, UCLA
S1-131 - Session V.2: PRICING
Chairperson: Guillermo Gallego
Optimal Timing of Price-Quote Revisions
Sousa Lobo, Miguel, Duke University
Pricing Access Services and Warranties
Gallego, Guillermo, Columbia University
Sahin, Ozge, University of Michigan
Upgrades, Upsells and Pricing in Revenue Management
Gallego, Guillermo, Columbia Univesity
Stefanescu, Catalina, London Business School
S1-139 - Session V.3: CUSTOMER CHOICE II
Chairperson: James Dana
Dynamic Assortment Optimization with a Multinomial Logit Choice Model and Capacity Constraint
Rusmevichientong, Paat, Cornell University
Shen, Max, University of California-Berkeley
Shmoys, David, Cornell University
Network design under a discrete choice: a bilevel programming approach
Gilbert, François, Université de Montréal
Marcotte, Patrice , Université de Montréal
Gilles, Savard, École polytechnique de Montréal
Seat Value Measures for Theaters and Stadiums
Veeraraghavan, Senthil, The Wharton School, University of Pennsylvania
Vaidyanathan, Ramnath, The Wharton School, University of Pennsylvania
Revenue Management by Sequential Screening
Akan, Mustafa , Northwestern University
Ata, Baris, Northwestern University
Dana, James, Northeastern University & HBS
Agora - 10:30 Coffee break
11:00-12:30 TRACK VI
S1-111 - Session VI.1: STATISTICS I
Chairperson: Garrett van Ryzin
When to buy a ticket
Lee, Misuk, Georgia Institute of Technology
Castillo, Marco, Georgia Institute of Technology
Garrow, Laurie, Georgia Institute of Technology
Estimating Primary Demand for Substitutable Products from Sales Transaction Data
van Ryzin, Garrett, Columbia University
Vulcano, Gustavo, NYU Stern School
Ratliff, Richard, Sabre Holdings
S1-131 - Session VI.2: RETAIL
Chairperson: JongWook Lim
Multiple Supplier Competition under Consignment Inventory Programs with Competing Retailers
Hu, Ming, Columbia University
The Calibration of Price Response Function and the Profit Maximization Price Point for Cosmetic Market in China
Lim, JongWook, Samsung OpenTide China
Lee, Yeisun, Samsung OpenTide China
Kwak, Youngsik, Jinju National University
S1-139 - Session VI.3: CUSTOMER CHOICE III
Chairperson: Kinshuk Jerath
Optimal Design of a Name-Your-Own-Price Channel when Customers Behave Strategically
Wilson, John, Ivey School of Business
Zhang, Guoren, Ivey School of Business
Revenue Management with Strategic Customers: Last-Minute Selling and Opaque Selling
Jerath, Kinshuk, Wharton School
Netessine, Serguei, Wharton School
Veeraraghavan, Senthil, Wharton School
Markov-Based Models of Airline Passengers' Searching and Purchasing Behavior
Lee, Misuk, Georgia Institute of Technology
Garrow, Laurie, Georgia Institute of Technology
Post, David, Sigma Zen
Agora - 12:30-14:00 Lunch and address from the board
14:00-15:30 TRACK VII
S1-111 - Session VII.1: STATISTICS II
Chairperson: Omar Besbes
Modeling the Choice of an Airline Itinerary and Fare Product Using Booking and Seat Availability Data
Carrier, Emmanuel, MIT
Testing the Validity of a Demand Model: An Operations Perspective
Zeevi, Assaf, Columbia University, Graduate School of Business
Phillips, Robert, Nomis Solutions
Besbes, Omar, The Wharton School
Revenue Management for Online Advertising: Pay-per-Impression and Pay-per-Click Pricing
Fridgeirsdottir, Kristin, London Business School
Najafi Asadolahi, Sami, London Business School
S1-131 - Session VII.2: APPLICATIONS
Chairperson: Weifen Zhuang
Optimal Column Assignment for a Vending Machine
Fukuchi, Junichiro, Gakushuin University
Itoh, Hajime, Otaru University of Commerce
Takeuchi, Toshiko, Gakushuin University
Asymmetric Pricing to Increase MMS Revenue
Samanta, Swadesh Kumar, University of Essex
Optimal Capacity Control for Multiple Medical Diagnostic Facilities
Li, Michael Z.F., Nanyang Business School, Nanyang Technological University
Zhuang, Weifen, Nanyang Business School, Nanyang Technological University
S1-139 - Session VII.3: INTERNET
Chairperson: Chris Anderson
Service Differentiation in Grid Computing: Analysis of A Shared-Resource System
Yahav, Inbal, University of Maryland
Karaesmen, Itir, University of Maryland
Raschid, Louiqa, University of Maryland
The Impact of the Internet on Airline Fares
Brunger, William, Case Western Reserve
Setting Prices On Priceline
Anderson, Chris, Cornell University
S1-151 - 15:30-16:00 Closing remarks