26822142
Minitrack Introduction
30721210
Economic analysis of consumer purchase intentions in electronic and traditional retail channels: competitive and strategic implications
We develop a multiattribute economic model to analyze consumer behavior for traditional and electronic channels based on consumers' risk profiles and risk-neutral or risk-averse. We then conduct comparative analyses of consumer purchase decisions to derive strategies for different channels. We study the attitudinal and economic factors that lead to specific purchase decisions under different combinations of price, delivery time, and product customization. We develop theoretical propositions concerning consumer channel switching behavior, incentives to consumers, and pricing strategies for different channels. We also use simulations to gain insights for cases where analytical model becomes intractable.
166893960
Priority pricing of integrated services networks
57631
Insights and analyses of online auctions
17233820
IT-enabled transparent electronic markets: the case of the air travel industry
The electronic market hypothesis predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-based forms of economic activity. While academic researchers and practitioners have witnessed these shifts with the advent of the Internet, there is little understanding about the process and the underlying forces that drive them. In this paper, we provide an in-depth analysis of the air travel industry, which has recently experienced significant IT-driven transformations. We conclude that, together with IT, pro-competitive laws and the information-intensive nature of air travel products have triggered competition for consumers with transparent market mechanisms, which is leading to the emergence of more transparent electronic markets in the air travel industry.
7914809
Predicting Bidders' Willingness to Pay in Online Multiunit Ascending Auctions: Analytical and Empirical Insights
We develop a real-time estimation approach to predict bidders' maximum willingness to pay in a multiunit ascending uniform-price and discriminatory-price (Yankee) online auction. Our two-stage approach begins with a bidder classification step, which is followed by an analytical prediction model. The classification model identifies bidders as either adopting a myopic best-response (MBR) bidding strategy or a non-MBR strategy. We then use a generalized bid-inversion function to estimate the willingness to pay for MBR bidders. We empirically validate our two-stage approach using data from two popular online auction sites. Our joint classification-and-prediction approach outperforms two other naive prediction strategies that draw random valuations between a bidder's current bid and the known market upper bound. Our prediction results indicate that, on average, our estimates are within 2% of bidders' revealed willingness to pay for Yankee and uniform-price multiunit auctions. We discuss how our results can facilitate mechanism-design changes such as dynamic-bid increments and dynamic buy-it-now prices.
30968721
Tracking Deformable Templates Using a Shortest Path Algorithm
This paper proposes a new technique to track deformable templates. We extend the typical graph algorithms that have been used for active contour recovery to incorporate shape information. The advantage of graph algorithms is that they are guaranteed to find the global minimum of the energy function. The difficulty with their traditional use for active contours is that they consider only two pixels at a time when recovering the contour, making it impossible to enforce shape constraints. We define the deformable template as a polygonal contour, demonstrate the proper mapping between the image, the contour, and a graph, and show how to apply Dijkstra's algorithm to track contours in image sequences. Examples are shown for deforming contours, articulated objects, and smooth contours being tracked in simple and complicated backgrounds. We also provide an analysis of the computational requirements.
17746198
Large—scale parallel numerical integration
We present and analyze strategies which can be used for the parallel computation of large numbers of integrals which may be of different levels of difficulty. Parallelization on the integral level, which is generally used for large numbers of integrals, is combined with parallelization on the subregion level, which enables handling local integration difficulties within individual problems. This results in a new, hierarchical algorithm which incorporates load balancing on the integral level and on the subregion level. We report test results of the software and show that the hierarchical approach leads to a scalable integration algorithm.
38479721
Optimal polyline tracking for artery motion compensation in coronary angiography
We propose a novel solution to the problem of motion compensation of coronary angiographs. As the heart is beating, it is difficult for the physician to observe closely a particular point (e.g. stenosis) on the artery tree. We propose, to rigidly compensate the sequence so that the area around the point of interest appears stable. This is a difficult problem because the arteries deform in a non-rigid manner and only their 2D X-ray projection is observed. Also, the lack of features around the selected point makes the matching subject to the aperture problem. The algorithm automatically extracts a section of the artery of interest, models it as a polyline, and tracks it. The problem is formulated as an energy minimization problem which is solved using a shortest path in a graph algorithm. The motion compensated sequence can be obtained by translating every pixel so that the point of interest remains stable. We have applied this algorithm to many examples in two sets of angiography data and have obtained excellent results.
14792710
Enabling analysts in managed services for CRM analytics
Data analytics tools and frameworks abound, yet rapid deployment of analytics solutions that deliver actionable insights from business data remains a challenge. The primary reason is that on-field practitioners are required to be both technically proficient and knowledgeable about the business. The recent abundance of unstructured business data has thrown up new opportunities for analytics, but has also multiplied the deployment challenge, since interpretation of concepts derived from textual sources require a deep understanding of the business. In such a scenario, a managed service for analytics comes up as the best alternative. A managed analytics service is centered around a business analyst who acts as a liaison between the business and the technology. This calls for new tools that assist the analyst to be efficient in the tasks that she needs to execute. Also, the analytics needs to be repeatable, in that the delivered insights should not depend heavily on the expertise of specific analysts. These factors lead us to identify new areas that open up for KDD research in terms of 'time-to-insight' and repeatability for these analysts. We present our analytics framework in the form of a managed service offering for CRM analytics. We describe different analyst-centric tools using a case study from real-life engagements and demonstrate their effectiveness.
17779534
Power Consumption Analysis of Maximum A Posterior Classifier Using LU Decomposition and Jacobi Iterations
In tracking applications of wireless sensor networks (WSNs), the classification of an object or event of interest is envisaged to be one of the most computationally intensive tasks that recur frequently over the lifetime of the network. It is imperative that the implementations of such tasks be power efficient and computationally feasible for resource-constrained WSNs. Existing implementations of the best known classifiers such as maximum Aposterior (MAP) classifier are computationally infeasible for WSN environments. The focus of this paper is to investigate computational techniques to realize power efficient distributed implementation of the MAP classifier. In the MAP classifier, one of the most computationally challenging steps is the computation of the inverse of the covariance matrices. In this paper, we study computationally efficient methods for realizing the inverse of a matrix. We present a detailed discussion of one-sided Jacobi Iterations and LU Decomposition for approximating and computing the inverse of the covariance matrices. For LU Decomposition-based solutions, we also apply folding techniques to ensure equal power dissipation among the sensor network nodes. Our contribution lies in the power consumption analysis of executing the MAP classifier using LU decomposition and one-sided Jacobi Iterations to substitute the inverse of the covariance matrices. We show that MAP with one-sided Jacobi Iterations greatly simplifies classification process and makes it more feasible and efficient choice for sensor network applications.