{"id":441,"date":"2014-10-23T19:23:58","date_gmt":"2014-10-23T19:23:58","guid":{"rendered":"http:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/?p=441"},"modified":"2014-10-23T19:25:02","modified_gmt":"2014-10-23T19:25:02","slug":"optimization-seminar-series-friday-oct-24-2014-11-am","status":"publish","type":"post","link":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/?p=441","title":{"rendered":"Optimization Seminar Series &#8211; Friday Oct 24, 2014 @ 11 am"},"content":{"rendered":"<p><strong>The Impact of Social Network Influences on the Cost of Capacity Reservation<\/strong><br \/>\nProfessor Mozart Menezes, Haskayne School of Business, University of Calgary<br \/>\nRoom: D634, University Hall<\/p>\n<p>In a connected world where information moves fast and has long reach, mostly through social networks, the disclosure of personal preferences influences consumer behaviour and affects probability distribution of demand in ways that seem hard to predict. Going beyond just taking into account the intrinsic individuals\u2019 preferences, in this paper we attempt to model for the first time the impact that social inner-circles and product market share have on (forecasted) probability distribution of demand. We find that both inner-circles\u2019 influence and market share information may substantially increase demand variability of a product with a consequent substantial impact on costs for matching supply and demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Impact of Social Network Influences on the Cost of Capacity Reservation Professor Mozart Menezes, Haskayne School of Business, University of Calgary Room: D634, University Hall In a connected world where information moves fast and has long reach, mostly through &hellip; <a href=\"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/?p=441\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-441","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=441"}],"version-history":[{"count":3,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions"}],"predecessor-version":[{"id":444,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions\/444"}],"wp:attachment":[{"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cs.uleth.ca\/~benkoczi\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}