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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Speaker: Dr. Assaf Zeevi
Title: Two Problems on the Intersection of Revenue Management and Statistics
Abstract: In this presentation, Dr. Zeevi will describe two problems (well, maybe closer to one & a half...)that lie at the heart of revenue management practices, and are addressed by suitably blending ideas from operation research and statistics. The first is testing the validity of a demand model, and the second is pricing under changing market conditions. The analysis and proposed solutions rely on ideas from hypothesis testing and non-parametric statistics, and change-point detection and sequential analysis, respectively. These problems illustrate possible roles of statistical techniques in revenue management applications, and concurrently indicate how revenue management considerations motivate the development of new statistical methods.