INFORMS Revenue Management & Pricing Section Conference
Amsterdam, June 29-30, 2017
EURO WG Pricing & Revenue Management Workshop
Amsterdam, June 28, 2017
The Centrum Wiskunde & Informatica (CWI) in Amsterdam is excited to host the 17th Annual INFORMS Revenue Management and Pricing (RM&P) Section Conference, on Thursday, June 29, 2017 and Friday, June 30, 2017. This event is the premier forum for both academics and practitioners who are active in research in the fields of pricing analytics and revenue management. The conference includes the announcement and the award ceremony for the winner of the Revenue Management and Pricing Section Practice Award recognizing an outstanding application of revenue management and pricing.
The conference will be preceded by the annual workshop organized by the EURO Working Group Pricing & Revenue Management, on Wednesday, June 28, 2017. This is a single-track workshop focusing on successful applications of recent scientific insights in the field.
Registration and abstract submission is now open: see http://www.informsrmp2017.com/
Abstract submission deadline: April 1, 2017.
Apart from technical talks, a tour through the canals of Amsterdam, and ample time to meet and catch up with your colleagues, the conference will have two special features:
Practical problems presentations
The field of revenue management has witnessed many examples of theoretical models being successfully applied in practice. Nevertheless, as a practitioner it can sometimes be difficult to connect the models and assumptions in scientific presentations to one’s own concrete business problems, or to get in touch with the right person who is knowledgeable about the pricing or RM challenge one is facing. At the same time, for many researchers it is not always clear what the `real’ problems are that need to be solved in practice. To help bridging this gap between academia and industry, the conference facilitates sessions especially devoted to practical RM problems. We invite practitioners to deliver a short presentation (10 to 15 minutes) about their company’s profile and a concrete pricing or RM challenge they face. Go to http://www.informsrmp2017.com/ to submit a practical talk.
Dynamic pricing challenge
A major open problem in our field is Dynamic Pricing with Competition and Incomplete Information. Practical relevance is enormous, but the problem appears intrinsically hard. To make progress, we organize a challenge to gain insight into what types of pricing algorithms work well. We invite everyone to participate in this challenge by submitting a pricing policy. We will evaluate all policies by simulating a competitive market with unknown demand characteristics, and the winning team earns 500 euro. For more information, go the website http://www.informsrmp2017.com/
We look forward to seeing you in Amsterdam this summer!
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Arnoud den Boer
Assistant professor
University of Amsterdam
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