Dear all:
On behalf of the Management Science Revenue Management and Market Analytics (RM&MA) Department we would like to thank you for your support and enthusiasm for the department. We are writing to give the community an update on the state of the department, as well as to share some news regarding our editorial team.
First, we want to share that Kalyan Talluri recently decided to step down as Department Editor due to personal reasons. We are indebted to Kalyan for all his contributions to the journal and for his instrumental role in building the newly established RM&MA Department and turning it into what we think is one of the premier outlets for publishing revenue management and market analytics research. Kalyan: we are extremely grateful for your service, and we wish you all the best.
At the same time, we are very pleased to announce that Omar Besbes graciously agreed to become Department Editor together with Gabriel Weintraub. We hope to continue growing the Department together.
In 2019, we received 70 submissions, representing a 40% yearly increase relative to 2018. From the papers submitted in 2018, 14% have been accepted so far, which is a sign of the high quality of the submissions the department attracts. We are also very excited that a significant number of papers are advancing nicely through the pipeline. Last year, our department was one of the forward-to-journals options from the ACM EC Conference, from which we received an important set of high-quality papers. We are continuing this partnership this year and also exploring new ones.
In the spirit of representing the diverse and broad set of areas within the department, we are expanding our pool of Associate Editors to bring additional expertise in modeling, market design, auctions, and applications. We would like to take this opportunity to thank the new AEs for agreeing to serve as well as thank the AEs who are continuing to serve. Their tireless efforts to promote quality, provide constructive feedback to authors, and promote broadly the exciting new research developments in RM and MA have been key to the department's success. The expanded list of AEs includes:
Itai Ashlagi, Stanford University
Santiago Balseiro, Columbia University
Kostas Bimpikis, Stanford University
Rene Caldentey, University of Chicago
Felipe Caro, University of California, Los Angeles
Arnoud den Boer, University of Amsterdam
Karan Girotra, Cornell University
Srikanth Jagabathula, New York University
Stefanus Jasin, University of Michigan
Jun Li, University of Michigan
Ilan Lobel, New York University
Brendan Lucier, Microsoft Research
Marcelo Olivares, Universidad de Chile
Saša Pekeč, Duke University
Georgia Perakis, MIT
Sridhar Seshadri, University of Illinois Urbana-Champaign
Huseyin Topaloglu, Cornell University
Senthil Veeraraghavan, University of Pennsylvania
We would also like to use this opportunity to share below our Department statement, which we recently slightly updated.
Finally, we would like to thank the members of the community for supporting the department. Please continue to send us your exciting and important work in these areas.
With warm regards,
Omar and Gabriel
Department Statement for "Revenue Management and Market Analytics"
Management Science
Revenue management has traditionally been concerned with managing scarce capacity by using pricing mechanisms and demand management as an operational tool. The practice of revenue management is taking hold in many industries and takes various forms: capacity allocation controls, dynamic pricing, dynamic bundling, bargaining and negotiated pricing, customized pricing, assortment optimization, auctions, and so on. From industries such as airlines, hotels and rentals, these days we also see such practices in e-commerce, taxis, energy, railways, and road pricing.
The rise of platforms is another new phenomenon. Recent trends point to an unprecedented level of control over the design, implementation, and operation of markets: more than ever before, we are able to engineer the platforms governing transactions among market participants. As a consequence, market operators or platforms can control a host of variables such as pricing, liquidity, visibility, information revelation, terms of trade, and transaction fees. On its part, given these variables, market participants often face complex problems when optimizing their own decisions. Operational study of these platforms and their design is still in their infancy and we encourage submissions studying these markets, both from the perspective of the market operator and the market participants.
We seek well-written papers that are grounded around important applications and have potential for impact on practice. The types of contributions we seek are broad, ranging from improving the understanding of the application domain at-hand, opening up new relevant problem areas, to devising novel algorithms or uncovering new insights. We look for a mix of approaches including modeling, theoretical, empirical, and computational.
The department also encourages Fast Track submissions; see the Editor-in-Chief's statement for more information on that format.
------------------------------Gabriel WeintraubAssociate ProfessorStanford Graduate School of BusinessStanford CA------------------------------------------------------------
Gabriel Weintraub
Associate Professor
Stanford Graduate School of Business
Stanford CA
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