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math.OC2023
Dynamic Pricing for Reusable Resources: The Power of Two Prices
Santiago R. Balseiro, Will Ma, Wenxin Zhang
Motivated by real-world applications such as rental and cloud computing services, we investigate pricing for reusable resources. We consider a system where a single resource with a…
cs.LG2023
From Contextual Data to Newsvendor Decisions: On the Actual Performance of Data-Driven Algorithms
Omar Besbes, Will Ma, Omar Mouchtaki
In this work, we study how the relevance/quality and quantity of past data influence performance by analyzing a contextual Newsvendor problem, in which a decision-maker trades off…