The RMP Section Practice Award recognizes outstanding applications of revenue management and pricing techniques. The final competition for the award will take place live, at the INFORMS Annual Meeting. Finalists will present their work during a special session of the conference, and judging will take place immediately after the presentations. The winner will be announced during a prize ceremony at the conference.
Committee: Jose Luis Beltran (Hitachi), Guillermo Gallego (Chair, HKUST), Kalyan Talluri (ICL), Huseyin Topaloglu (Cornell)
Update: 2019 Winner and Finalists Winner:
- “Customer Choice Models versus Machine Learning: Finding Optimal Product Displays on Alibaba” by Jacob Feldman (WUSTL), Dennis Zhang (WUSTL), Xiaofei Liu (Alibaba) and Nannan Zhang (Alibaba)
Finalists:
- “Pricing Analytics for Rotable Spare Parts” by Omar Besbes (Columbia), Adam Elmachtoub (Columbia) and Yunjie Sun (Columbia)
- “Demand Learning and Dynamic Pricing for Varying Assortments: Algorithm Development and Implementation at Zenrez” by Kris Ferreira (Harvard), Emily Mower (Harvard), Matt Capizzi (Zenrez) and Arthur Hong (Zenrez)
Past Winners
Year
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Recipient
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Work
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2017
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Markus Ettl, Pavithra Harsha, and Shivaram Subramanian (IBM), and Joline Uichanco (Michigan)
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Omni-Channel Markdown Optimization Click on the following links for: Submission, Presentation, Paper(s).
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2015
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Yihaodian, Ross School of Business, Tuck School of Business, and The Wharton School.
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Competition-Based Dynamic Pricing in Online Retailing Click on the following links for: Submission, Presentation, Paper(s).
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2014
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Rue La La Company, and Massachusetts Institute of Technology (MIT)
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Analytics for an Online Retailer: Demand Forecasting and Price Optimization Click on the following links for: Submission, Presentation, Paper(s).
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2013
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Molson Coors Brewing Company, Pricing Solutions Limited, and Queen's School of Business
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Pricing and Promotions Analysis at Molson Coors Brewing Company Click on the following link for: Submission.
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2012
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HP Labs and Columbia University
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Data Driven Market Pricing and Portfolio Management Click on the following link for: Presentation.
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2011
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Wyndham Exchange & Rentals, Metrics & Algorithms Team
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Optimizing Vacation Exchange
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2010
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Marriott International
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Group Pricing Optimizer
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