Consider a risk-averse decision maker in the setting of a single-leg dynamic revenue management problem with revenue controlled by limiting capacity for a fixed set of prices. Instead of focussing on maximising the expected revenue, the decision maker has the main objective of minimising the risk of failing to achieve a given target revenue. Interpreting the revenue management problem in the fr...

Undisputedly, the amount of data is growing exponentially and huge opportunities exist to exploit them. New service business models are being built around value propositions based on data and analytics. Suitable revenue models need to reap the benefits of these value propositions. However, the question of how to best turn a value proposition into revenue for data-driven services is not systemat...

BACKGROUND The benefits of health information technology (IT) adoption have been reported in the literature, but whether health IT investment increases revenue generation remains an important research question. METHODS Texas hospital data obtained from the American Hospital Association (AHA) for 2007-2010 were used to investigate the association of health IT expenses and hospital revenue. The...

purpose: dehyaries (rural mayer) a public institution with legal personality independent non-governmental that some public services and forensic services in rural areas do.the main objective of the research was to study the sources of local income in the province has dehyaries and factors affecting local income and percentage of the total annual income of the two which is. methodology: this stu...

Availability and mobilization of revenue is the main essential with which an economy is managed and run. While planning or while making the budgets nations set revenue targets to be achieved. But later when the accounts are closed the actual collections of revenue through taxes or even the non-tax revenue collection would invariably be different as compared to the initial estimates and targets ...

In the forty years since the first publication on overbooking control, passenger reservations systems have evolved from low level inventory control processes to major strategic information systems. Today, airlines and other transportation companies view revenue management systems and related information technologies as critical determinants of future success. Indeed, expectations of revenue gai...

BACKGROUND & OBJECTIVES During 2006, chikungunya emerged as a major ever known epidemic in India. Disability adjusted life years (DALY) is an appropriate summary measure of population health to express epidemiological burden of diseases. We estimated the burden due to suspected chikungunya using DALYs for the first time and compared between the states and also with the burden due to other vecto...

Technology has outgrown the Supreme Court’s Fifth Amendment jurisprudence. This creates two distinct but related challenges. First, the scope of the “foregone conclusion” doctrine, which was originally formulated to address act-of-production issues for paper documents, is ripe for review and clarification now that documents are almost always digital and often encrypted. Second, the question of ...

We conducted an experiment where participants played a perfect-information game against a computer, which was programmed to deviate often from its backward induction strategy right at the beginning of the game. Participants knew that in each game, the computer was nevertheless optimizing against some belief about the participant’s future strategy. It turned out that in the aggregate, participan...

We consider the revenue of the Generalized Second Price (GSP) auction, which is one of the most widely used mechanisms for ad auctions. While the standard model of ad auctions implies that the revenue of GSP in equilibrium is at least as high as the revenue of VCG, the literature suggests that it is not strictly higher due to the selection of a natural equilibrium that coincides with the VCG ou...