A decision support framework for evaluating revenue performance in sequential purchase contexts.

European Journal of Operational Research(2017)

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摘要
•We study the product ordering problem in sequential purchase contexts.•We propose a framework that combines data with optimization, simulation and econometric methods.•Our framework allows sellers to compare revenues of limited information sequencing strategies.•We show that the best performing sequencing strategy depends on buyers’ strategic behavior.•We show that a substantial portion of the revenue difference is associated with limited information.
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关键词
Decision support systems,Multi-item sequential auctions,Optimization,Simulation
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