Now showing items 1-2 of 2

    • Dynamic Pricing Under Debt: Spiraling Distortions and Efficiency Losses 

      Besbes, Omar; Iancu, Dan A.; Trichakis, Nikolaos (Institute for Operations Research and the Management Sciences (INFORMS), 2018-10)
      Firms often finance their inventory through debt and subsequently sell it to generate profits and service the debt. Pricing of products is consequently driven by inventory and debt servicing considerations. We show that ...
    • Loyalty Program Liabilities and Point Values 

      Chun, So Yeon; Iancu, Dan A.; Trichakis, Nikolaos (Institute for Operations Research and the Management Sciences (INFORMS), 2020-03)
      Problem definition: Loyalty programs (LPs) introduce a new currency—the points—through which customers transact with firms. Such points represent a promise for future service, and their monetary value thus counts as a ...