{"id":"https://openalex.org/W2737040173","doi":"https://doi.org/10.1287/opre.2017.1628","title":"Revenue Management Under the Markov Chain Choice Model","display_name":"Revenue Management Under the Markov Chain Choice Model","publication_year":2017,"publication_date":"2017-07-24","ids":{"openalex":"https://openalex.org/W2737040173","doi":"https://doi.org/10.1287/opre.2017.1628","mag":"2737040173"},"language":"en","primary_location":{"id":"doi:10.1287/opre.2017.1628","is_oa":false,"landing_page_url":"https://doi.org/10.1287/opre.2017.1628","pdf_url":null,"source":{"id":"https://openalex.org/S125775545","display_name":"Operations Research","issn_l":"0030-364X","issn":["0030-364X","1526-5463"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5046725108","display_name":"Jacob Feldman","orcid":null},"institutions":[{"id":"https://openalex.org/I204465549","display_name":"Washington University in St. Louis","ror":"https://ror.org/01yc7t268","country_code":"US","type":"education","lineage":["https://openalex.org/I204465549"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Jacob B. Feldman","raw_affiliation_strings":["Olin Business School, Washington University in St. Louis, St. Louis, Missouri 63130"],"affiliations":[{"raw_affiliation_string":"Olin Business School, Washington University in St. Louis, St. Louis, Missouri 63130","institution_ids":["https://openalex.org/I204465549"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5048544465","display_name":"H\u00fcseyin Topalo\u011flu","orcid":"https://orcid.org/0000-0002-3049-6719"},"institutions":[{"id":"https://openalex.org/I205783295","display_name":"Cornell University","ror":"https://ror.org/05bnh6r87","country_code":"US","type":"education","lineage":["https://openalex.org/I205783295"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Huseyin Topaloglu","raw_affiliation_strings":["School of Operations Research and Information Engineering, Cornell Tech, New York, New York 10011"],"affiliations":[{"raw_affiliation_string":"School of Operations Research and Information Engineering, Cornell Tech, New York, New York 10011","institution_ids":["https://openalex.org/I205783295"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5046725108"],"corresponding_institution_ids":["https://openalex.org/I204465549"],"apc_list":null,"apc_paid":null,"fwci":14.8477,"has_fulltext":false,"cited_by_count":140,"citation_normalized_percentile":{"value":0.98952179,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"65","issue":"5","first_page":"1322","last_page":"1342"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9915000200271606,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12288","display_name":"Optimization and Search Problems","score":0.9883999824523926,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/revenue-management","display_name":"Revenue management","score":0.7590621709823608},{"id":"https://openalex.org/keywords/revenue","display_name":"Revenue","score":0.7351388931274414},{"id":"https://openalex.org/keywords/linear-programming","display_name":"Linear programming","score":0.6115167737007141},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.6099187731742859},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5858996510505676},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.5402843952178955},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5360460877418518},{"id":"https://openalex.org/keywords/markov-chain","display_name":"Markov chain","score":0.5323966145515442},{"id":"https://openalex.org/keywords/time-horizon","display_name":"Time horizon","score":0.485330730676651},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4646425247192383},{"id":"https://openalex.org/keywords/yield-management","display_name":"Yield management","score":0.42015206813812256},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3027760982513428},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.20746156573295593},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.132082998752594}],"concepts":[{"id":"https://openalex.org/C2781386248","wikidata":"https://www.wikidata.org/wiki/Q11898700","display_name":"Revenue management","level":3,"score":0.7590621709823608},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.7351388931274414},{"id":"https://openalex.org/C41045048","wikidata":"https://www.wikidata.org/wiki/Q202843","display_name":"Linear programming","level":2,"score":0.6115167737007141},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.6099187731742859},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5858996510505676},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.5402843952178955},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5360460877418518},{"id":"https://openalex.org/C98763669","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov chain","level":2,"score":0.5323966145515442},{"id":"https://openalex.org/C28761237","wikidata":"https://www.wikidata.org/wiki/Q7805321","display_name":"Time horizon","level":2,"score":0.485330730676651},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4646425247192383},{"id":"https://openalex.org/C142038384","wikidata":"https://www.wikidata.org/wiki/Q1362536","display_name":"Yield management","level":4,"score":0.42015206813812256},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3027760982513428},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.20746156573295593},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.132082998752594},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1287/opre.2017.1628","is_oa":false,"landing_page_url":"https://doi.org/10.1287/opre.2017.1628","pdf_url":null,"source":{"id":"https://openalex.org/S125775545","display_name":"Operations Research","issn_l":"0030-364X","issn":["0030-364X","1526-5463"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Operations Research","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W123430343","https://openalex.org/W1487304328","https://openalex.org/W1501613489","https://openalex.org/W1522960006","https://openalex.org/W1550213161","https://openalex.org/W1974691233","https://openalex.org/W1978976115","https://openalex.org/W1980695207","https://openalex.org/W2067153791","https://openalex.org/W2067581912","https://openalex.org/W2098763115","https://openalex.org/W2102037914","https://openalex.org/W2105562458","https://openalex.org/W2117923605","https://openalex.org/W2120840732","https://openalex.org/W2123636541","https://openalex.org/W2129589037","https://openalex.org/W2144425834","https://openalex.org/W2147427359","https://openalex.org/W2148648976","https://openalex.org/W2152081677","https://openalex.org/W2160317938","https://openalex.org/W2174936192","https://openalex.org/W2191871932","https://openalex.org/W2334782222","https://openalex.org/W2594639291","https://openalex.org/W2733337374","https://openalex.org/W3121705464","https://openalex.org/W3122879329","https://openalex.org/W3124368401","https://openalex.org/W3124717583"],"related_works":["https://openalex.org/W2044228410","https://openalex.org/W1993868599","https://openalex.org/W1990210376","https://openalex.org/W1997087420","https://openalex.org/W2043772913","https://openalex.org/W2008445088","https://openalex.org/W2024424949","https://openalex.org/W3199102409","https://openalex.org/W2034213488","https://openalex.org/W2461791041"],"abstract_inverted_index":{"We":[0,70,102,144,210,228],"consider":[1,71],"revenue":[2,97,117,164],"management":[3,118,165],"problems":[4],"when":[5,135,182],"customers":[6],"choose":[7],"among":[8],"the":[9,14,27,42,47,55,66,82,95,109,121,126,136,142,147,156,168,173,183,234,238,243,254,258],"offered":[10,129,176],"products":[11,90,130,151,177],"according":[12],"to":[13,29,50,54,85,91,93,107,124,152,171,219,232,237],"Markov":[15],"chain":[16],"choice":[17,21],"model.":[18],"In":[19],"this":[20,35,199,213],"model,":[22],"a":[23,31,87,104,132,179,189,224],"customer":[24,43,48],"arrives":[25],"into":[26],"system":[28],"purchase":[30,57,68],"particular":[32],"product.":[33],"If":[34],"product":[36,52,64,140,187],"is":[37,84,123,170],"available":[38,63,271],"for":[39,205,257],"purchase,":[40],"then":[41],"purchases":[44],"it.":[45],"Otherwise,":[46],"transitions":[49],"another":[51],"or":[53,65],"no":[56,67],"option,":[58],"until":[59],"she":[60],"reaches":[61],"an":[62,220,230],"option.":[69],"three":[72],"classes":[73],"of":[74,89,128,138,150,175,185,191,198,208],"problems.":[75],"First,":[76],"we":[77,113,161],"study":[78,114,162],"assortment":[79],"problems,":[80,119,166],"where":[81,120,167],"goal":[83,122,169],"find":[86],"set":[88,127,149,174],"offer":[92,153],"maximize":[94],"expected":[96],"obtained":[98],"from":[99,242],"each":[100,139,186,206],"customer.":[101],"give":[103,229],"linear":[105,195,214,240,245,249,260],"program":[106,215,241,250],"obtain":[108],"optimal":[110,148,235],"solution.":[111],"Second,":[112],"single":[115],"resource":[116,158],"adjust":[125,172],"over":[131,178],"selling":[133,180],"horizon":[134,181],"sale":[137,184],"consumes":[141,188],"resource.":[143],"show":[145,211],"how":[146],"changes":[154],"with":[155,223],"remaining":[157],"inventory.":[159],"Third,":[160],"network":[163],"combination":[190],"resources.":[192],"A":[193],"standard":[194],"programming":[196],"approximation":[197],"problem":[200],"includes":[201],"one":[202,222],"decision":[203],"variable":[204],"subset":[207],"products.":[209],"that":[212],"can":[216,251],"be":[217],"reduced":[218,244,248],"equivalent":[221],"substantially":[225],"smaller":[226],"size.":[227],"algorithm":[231],"recover":[233],"solution":[236,255],"original":[239,259],"program.":[246,261],"The":[247,262],"dramatically":[252],"improve":[253],"times":[256],"online":[263],"appendix,":[264],"data":[265],"files,":[266],"and":[267],"source":[268],"code":[269],"are":[270],"at":[272],"https://doi.org/10.1287/opre.2017.1628":[273],".":[274]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":12},{"year":2023,"cited_by_count":18},{"year":2022,"cited_by_count":21},{"year":2021,"cited_by_count":29},{"year":2020,"cited_by_count":11},{"year":2019,"cited_by_count":13},{"year":2018,"cited_by_count":11},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}