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Research
Research focuses on stochastic modeling and applied probability. Specific
areas of interest include inventory theory, revenue management, queueing
theory, and Markov decision processes.
Selected Publications
D. Zhang and W. L. Cooper. Managing clearance sales in the presence of strategic customers. Forthcoming in Production and Operations Management, 2008.
D. Zhang and W. L. Cooper. Pricing substitutable flights in airline revenue management. Forthcoming in European Journal of Operational Research, 2008.
K. Amaruchkul, W. L. Cooper, and D. Gupta. Single-leg air-cargo revenue management. Transporation Science, 41(4), 457-469, 2007.
W. L. Cooper and T. Homem-de-Mello. Some decomposition methods for revenue management. Transportation Science, 41(3) 332-353, 2007
W. L. Cooper, T. Homem-de-Mello, and A. J. Kleywegt. Models of the spiral-down effect in revenue management. Operations Research, 54(5), 968-987, 2006.
W. L. Cooper and D. Gupta. Stochastic comparisons in airline revenue management. Manufacturing & Service Operations Management, 8(3), 221-234, 2006.
D. Zhang and W. L. Cooper. Revenue management for parallel flights with customer-choice behavior. Operations Research, 53(3), 415-431, 2005.
S. Benjaafar, W. L. Cooper, and J.-S. Kim. On the benefits of pooling in production-inventory systems. Management Science, 51(4), 548-565, 2005.
D. Gupta and W. L. Cooper. Stochastic comparisons in production yield management. Operations Research, 53(2), 377-384, 2005.
W. L. Cooper, S. G. Henderson, and M. E. Lewis. Convergence of simulation-based policy iteration. Probability in the Engineering and Informational Sciences, 17(2), 213-234, 2003.
W. L. Cooper. Asymptotic behavior of an allocation policy for revenue management. Operations Research, 50(4), 720-727, 2002.
W. L. Cooper and R. L. Tweedie. Perfect simulation of an inventory model for perishable products. Stochastic Models, 18(2), 229-243, 2002.
W. L. Cooper. Pathwise properties and performance bounds for a perishable inventory system. Operations Research, 49(3), 455-466, 2001.
W. L. Cooper, V. Schmidt, and R. F. Serfozo. Skorohod-Loynes characterizations of queueing, fluid, and inventory processes. Queueing Systems, 37(1-3), 233-257, 2001.
W. L. Cooper. Negative binomial sums of random variables and discounted reward processes. Journal of Applied Probability, 35(3), 589-599, 1998.