W study a seller that starts with an initial inventory of goods, has a target horizon over which to sell the goods, and is subject to a set of financial milestone constraints on the revenues and sales that need to be achieved at different time points along the sales horizon. We characterize the revenue maximizing dynamic pricing policy for the seller and highlight the effect of revenue and sale...

In this paper we consider online auctions with buyback; a form of auctions where bidders arrive sequentially and the bidders have to be accepted or rejected immediately Each bidder has a valuation for being allocated the good and a preemption price. Sold goods can be bought back from the bidders for a preemption price. We allow unbounded valuations and preemption prices independent from each ot...

Recent years have witnessed a rapid growth of Internet channels due to the advance of information technology. From the consumers' viewpoint, however, this e-business revolution gives rise to an additional concern regarding the quality risk. Consequently, Internet sellers typically offer returns policies, and these returns policies vary across industries and stores. In this paper, we investigate...

We consider a stylized dynamic pricing model in which a monopolist prices a product to a sequence of T customers, who independently make purchasing decisions based on the price offered according to a general parametric choice model. The parameters of the model are unknown to the seller, whose objective is to determine a pricing policy that minimizes the regret, which is the expected difference ...

We address the question of optimal trading of bandwidth (service) contracts in wireless spectrum markets, for the primary as well as the secondary spectrum providers in this context. We propose a structured spectrum market and consider two basic types of spectrum contracts that can help attain desired flexibilities and trade-offs in terms of service quality, spectrum usage efficiency and pricin...