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We address the challenging problem of dynamically pricing complementary items that are sequentially displayed to customers. An illustrative example is the online sale of flight tickets, where customers navigate through multiple web pages.…

We consider the problem of learning from revealed preferences in an online setting. In our framework, each period a consumer buys an optimal bundle of goods from a merchant according to her (linear) utility function and current prices,…

Data Structures and Algorithms · Computer Science 2014-12-02 Kareem Amin , Rachel Cummings , Lili Dworkin , Michael Kearns , Aaron Roth

With the rapid growth of the cloud computing marketplace, the issue of pricing resources in the cloud has been the subject of much study in recent years. In this paper, we identify and study a new issue: how to price resources in the cloud…

Computer Science and Game Theory · Computer Science 2016-10-04 Kamal Jain , Tung Mai , Vijay V. Vazirani

Time or money? That is a question! In this paper, we consider this dilemma in the pricing regime, in which we try to find the optimal pricing scheme for identical items with heterogenous time-sensitive buyers. We characterize the…

Computer Science and Game Theory · Computer Science 2024-02-23 Zhengyang Liu , Liang Shan , Zihe Wang

This paper takes a game theoretic approach to the design and analysis of online algorithms and illustrates the approach on the finite-horizon ski-rental problem. This approach allows beyond worst-case analysis of online algorithms. First,…

Computer Science and Game Theory · Computer Science 2024-03-18 Jason Hartline , Aleck Johnsen , Anant Shah

We study a demand response problem from utility (also referred to as operator)'s perspective with realistic settings, in which the utility faces uncertainty and limited communication. Specifically, the utility does not know the cost…

Optimization and Control · Mathematics 2017-08-11 Pan Li , Hao Wang , Baosen Zhang

Optimizing car sharing systems under demand uncertainty is an emerging problem for ensuring profitable and sustainable operations of these services while taking into account quality of service concerns. With the increasing adoption of…

Optimization and Control · Mathematics 2023-07-18 Sinan Emre Kosunda , Beste Basciftci , Esra Koca

Given facilities with capacities and clients with penalties and demands, the transportation problem with market choice consists in finding the minimum-cost way to partition the clients into unserved clients, paying the penalties, and into…

Data Structures and Algorithms · Computer Science 2016-08-23 Karen Aardal , Pierre Le Bodic

One-way car-sharing systems are transportation systems that allow customers to rent cars at stations scattered around the city, use them for a short journey, and return them at any station. The maximum customers' satisfaction problem…

Artificial Intelligence · Computer Science 2020-08-18 Welverton R. Silva , Rafael C. S. Schouery

In this paper, we study a variant of the dynamic ridesharing problem with a specific focus on peak hours: Given a set of drivers and rider requests, we aim to match drivers to each rider request by achieving two objectives: maximizing the…

Databases · Computer Science 2020-04-07 Hui Luo , Zhifeng Bao , Farhana M. Choudhury , J. Shane Culpepper

We consider markets consisting of a set of indivisible items, and buyers that have {\em sharp} multi-unit demand. This means that each buyer $i$ wants a specific number $d_i$ of items; a bundle of size less than $d_i$ has no value, while a…

Computer Science and Game Theory · Computer Science 2015-03-13 Ning Chen , Xiaotie Deng , Paul. W. Goldberg , Jinshan Zhang

We consider a profit maximization problem in an urban mobility on-demand service, of which the operator owns a fleet, provides both exclusive and shared trip services, and dynamically determines prices of offers. With knowledge of the…

Optimization and Control · Mathematics 2018-02-13 Han Qiu , Ruimin Li , Jinhua Zhao

In order for an e-commerce platform to maximize its revenue, it must recommend customers items they are most likely to purchase. However, the company often has business constraints on these items, such as the number of each item in stock.…

Optimization and Control · Mathematics 2019-11-19 Andrea Boskovic , Qinyi Chen , Dominik Kufel , Zijie Zhou

We study the design of risk-sensitive online algorithms, in which risk measures are used in the competitive analysis of randomized online algorithms. We introduce the CVaR$_\delta$-competitive ratio ($\delta$-CR) using the conditional…

Data Structures and Algorithms · Computer Science 2024-05-28 Nicolas Christianson , Bo Sun , Steven Low , Adam Wierman

In bike sharing systems the quality of the service to the users strongly depends on the strategy adopted to reposition the bikes. The bike repositioning problem is in general very complex as it involves different interrelated decisions: the…

Optimization and Control · Mathematics 2024-06-17 E. Angelelli , A. Mor , M. G. Speranza

This paper investigates a multi-product stochastic inventory problem in which a cash-constrained online retailer can adopt order-based loan provided by some Chinese e-commerce platforms to speed up its cash recovery for deferred revenue. We…

Optimization and Control · Mathematics 2020-12-10 Zhen Chen , Ren-qian Zhang

Online platforms collect rich information about participants and then share some of this information back with them to improve market outcomes. In this paper we study the following information disclosure problem in two-sided markets: If a…

Theoretical Economics · Economics 2023-09-01 Bar Light , Ramesh Johari , Gabriel Weintraub

We consider one-way vehicle sharing systems where customers can rent a car at one station and drop it off at another. The problem we address is to optimize the distribution of cars, and quality of service, by pricing rentals appropriately.…

Artificial Intelligence · Computer Science 2015-10-21 Yinlam Chow , Jia Yuan Yu , Marco Pavone

I consider the optimal hourly (or per-unit-time in general) pricing problem faced by a freelance worker (or a service provider) on an on-demand service platform. Service requests arriving while the worker is busy are lost forever. Thus, the…

Computer Science and Game Theory · Computer Science 2019-07-09 Vijay Kamble

Multi-objective recommender systems address the difficult task of recommending items that are relevant to multiple, possibly conflicting, criteria. However these systems are most often designed to address the objective of one single…

Information Retrieval · Computer Science 2017-08-04 Phong Nguyen , John Dines , Jan Krasnodebski