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We consider hundreds of thousands of individual economic transactions to ask: how predictable are consumers in their merchant visitation patterns? Our results suggest that, in the long-run, much of our seemingly elective activity is…

Physics and Society · Physics 2013-05-07 Coco Krumme , Alejandro Llorente , Manuel Cebrián , Alex , Pentland , Esteban Moro

Shelf design decisions strongly influence product demand. In particular, placing products in desirable locations increases demand. This primary effect on shelf position is clear, but there is a secondary effect based on the relative…

General Economics · Economics 2024-04-02 Francisco Cisternas , Wee Chaimanowong , Alan Montgomery , Timothy Derdenger

Facility Location problems ask to place facilities in a way that optimizes a given objective function so as to provide a service to all clients. These are one of the most well-studied optimization problems spanning many research areas such…

Data Structures and Algorithms · Computer Science 2020-07-01 Christine Markarian , Abdul-Nasser Kassar , Manal Yunis

We show that filling an order with a large number of distinct counterparts incurs additional market impact, as opposed to filling the order with a small number of counterparts. For best execution, therefore, it may be beneficial to…

Trading and Market Microstructure · Quantitative Finance 2020-12-21 Ilija I. Zovko

Many events and policies (treatments) occur at specific spatial locations, with researchers interested in their effects on nearby units. I approach the spatial treatment setting from an experimental perspective: What ideal experiment would…

Econometrics · Economics 2026-04-27 Michael Pollmann

Cities worldwide struggle with overloaded transportation systems and their externalities. The emerging autonomous transportation technology has the potential to alleviate these issues, but the decisions of profit-maximizing operators…

Systems and Control · Electrical Eng. & Systems 2023-12-27 Nicolas Lanzetti , Maximilian Schiffer , Michael Ostrovsky , Marco Pavone

In this paper, we investigate a supply chain network with a supplier and multiple retailers. The supplier can either take orders from retailers directly, or choose to build a warehouse somewhere in the network to centralize the ordering…

General Economics · Economics 2025-07-15 Jianing Zhi , Xinghua Li , Zidong Chen

The Olympic Games are an important sporting event with notable consequences for the general economic landscape of the host city. Traditional economic assessments focus on the aggregated impact of the event on the national income, but fail…

Social and Information Networks · Computer Science 2014-04-01 Petko Georgiev , Anastasios Noulas , Cecilia Mascolo

We consider the {\em multi-shop ski rental} problem. This problem generalizes the classic ski rental problem to a multi-shop setting, in which each shop has different prices for renting and purchasing a pair of skis, and a \emph{consumer}…

Computer Science and Game Theory · Computer Science 2014-04-11 Lingqing Ai , Xian Wu , Lingxiao Huang , Longbo Huang , Pingzhong Tang , Jian Li

Facility location problems often permit facilities to be located at any position. But what if this is not the case in practice? What if facilities can only be located at particular locations like a highway exit or close to a bus stop? We…

Artificial Intelligence · Computer Science 2021-07-22 Toby Walsh

Digital travel platforms often operate multiple marketing journeys simultaneously, resulting in overlapping user exposures that bias the standard A/B lift estimation. Because traditional lift experiments assume treatment isolation, the…

Methodology · Statistics 2026-04-28 Jorge Pellegrini

As many public transportation systems around the world transition to electric buses, the planning and operation of fleets can be improved via tailored decision-support tools. In this work, we study the impact of jointly locating charging…

Optimization and Control · Mathematics 2024-03-18 Rito Brata Nath , Tarun Rambha , Maximilian Schiffer

The proliferation of smartphones has led to the increased popularity of location-based search and recommendation systems. Online platforms like Google and Yelp allow location-based search in the form of nearby feature to query for hotels or…

Information Retrieval · Computer Science 2020-11-17 Ashmi Banerjee , Gourab K Patro , Linus W. Dietz , Abhijnan Chakraborty

Omnichannel retailing, a new form of distribution system, seamlessly integrates the Internet and physical stores. This study considers the pricing and fulfillment strategies of a retailer that has two sales channels: online and one physical…

Theoretical Economics · Economics 2021-03-15 Yasuyuki Kusuda

Facility location decisions significantly impact customer behavior and consequently the resulting demand in a wide range of businesses. Furthermore, sequentially realized uncertain demand enforces strategically determining locations under…

Optimization and Control · Mathematics 2020-01-08 Beste Basciftci , Shabbir Ahmed , Siqian Shen

This paper introduces a new hierarchical facility location model with three levels: first-level facilities which manufacture different products, second-level facilities which act as warehouses and a third-level consisting of the clients who…

Optimization and Control · Mathematics 2024-03-29 Marta Baldomero-Naranjo , Luisa I. Martínez-Merino , Antonio M. Rodríguez-Chía

Connecting consumers with relevant products is a very important problem in both online and offline commerce. In physical retail, product placement is an effective way to connect consumers with products. However, selecting product locations…

Artificial Intelligence · Computer Science 2020-01-13 Porter Jenkins , Hua Wei , J. Stockton Jenkins , Zhenhui Li

In this paper, we propose a novel affordance model, which combines object, action, and effect information in the latent space of a predictive neural network architecture that is built on Conditional Neural Processes. Our model allows us to…

Robotics · Computer Science 2023-11-21 Hakan Aktas , Utku Bozdogan , Emre Ugur

This paper presents a network-based multi-agent optimization model for the strategic planning of service facilities in a stochastic and competitive market. We focus on the type of service facilities that are of intermediate nature, i.e.,…

Optimization and Control · Mathematics 2023-04-04 Sina Baghali , Julio Deride , Yueyue Fan , Zhaomiao Guo

We study the competitive facility location problem, where a firm aims to establish new facilities in a market already occupied by competitors. In this problem, customer behavior is crucial for making optimal location decisions. We explore a…

Optimization and Control · Mathematics 2024-08-07 Ba Luat Le , Tien Mai , Thuy Anh Ta , Minh Hoang Ha , Duc Minh Vu