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Retail Analytics in the New Normal: The Influence of Artificial Intelligence and the Covid-19 Pandemic

Authors: Y. Adulyasak, M. C. Cohen, W. Khern-Am-Nuai and M. Krause

Publication: IEEE Engineering Management Review, Forthcoming Articles in Advance 鈥 published online: December 1, 2023

Abstract:

Published: 26 Feb 2024

Selecting Cover Images for Restaurant Reviews: AI vs. Wisdom of the Crowd

Authors: Warut Khern-am-nuai, Hyunji So, Maxime C. Cohen and Yossiri Adulyasak

Publication: Manufacturing & Service Operations Management, Forthcoming

Abstract:

Restaurant review platforms, such as Yelp and Tripadvisor, routinely receive large numbers of photos in their review submissions. These photos provide significant value for users who seek to compare restaurants. In this context, the choice of cover images (i.e., representative photos of the restaurants) can greatly influence the level of user engagement on the platform. Unfortunately, selecting these images can be time consuming and often requires human intervention. At the same time, it is challenging to develop a systematic approach to assess the effectiveness of the selected images. In this paper, we collaborate with a large review platform in Asia to investigate this problem. We discuss two image selection approaches, namely crowd-based and AI-based systems. The AI-based system we use learn complex latent image features, which is further enhanced by transfer learning to overcome the scarcity of labeled data. We collaborate with the platform to deploy our AI-based system through a randomized field experiment to carefully compare both systems. We find that the AI-based system outperforms the crowd-based counterpart and boosts user engagement by 12.43%-16.05% on average. We then conduct empirical analyses on observational data to identify the underlying mechanisms that drive the superior performance of the AI-based system. Finally, we infer from our findings that the AI-based system outperforms the crowd-based system for restaurants with a (i) longer tenure on the platform, (ii) limited number of user-generated photos, (iii) lower star rating, and (iv) lower user engagement during the crowd-based system.

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Published: 23 Aug 2023

Desautels researchers celebrated at Bravo 2023

苹果淫院 hosted its annual Bravo gala on Thursday March 30, which honours its researchers and scholars who have won special awards, memberships and prizes over the past year.

Published: 30 Mar 2023

Managing Airfares Under Competition: Insights from a Field Experiment

Authors: Maxime C. Cohen, Alexandre Jacquillat,聽Juan Camilo Serpa and Michael Benborhoum

Publication: Management Science, Forthcoming

Published: 6 Jan 2023

Professors Cohen, Khern-am-nuai awarded SSHRC Insight Grant

Congratulations to Maxime Cohen,聽Professor in Retail and Operations Management聽and聽Warut Khern-am-nuai,聽Associate Professor in Information Systems who were awarded a聽2022 SSHRC Insight Grant.

鈥淯nderstanding Fairness in Fair Machine Learning鈥

Published: 13 Oct 2022

Prof Maxime Cohen wins 2022 MSOM Young Scholar Prize

Congratulations to Maxime Cohen,聽Professor of Retail and Operations Management, winner of the聽2022 MSOM Young Scholar Prize, awarded by聽Manufacturing and Service Operations Management - MSOM Society of INFORMS.

Published: 12 Jul 2022

Competition and coopetition for two-sided platforms

Authors: Maxime C. Cohen and Renyu Zhang

Publication: Production and Operations Management, Forthcoming

Abstract:

Published: 17 Mar 2022

Prof Maxime Cohen's paper receives the CIST Best Conference Paper Nomination Award

Congratulations to Maxime Cohen,聽Professor of Retail and Operations Management, whose paper聽"The Effect of Short-Term Rentals on Residential Investment鈥 was selected as Best Conference Paper Nominee聽at the 2021 Conference on Information Systems and Technology (CIST)

Published: 19 Dec 2021

Prof. Maxime Cohen named as SCALE AI Research Chair in Data Science for Retail

Congratulations to Professor Maxime Cohen, co-director of the Bensadoun School of Retail Management鈥檚 retail innovation lab, for being awarded the SCALE AI Research Chair in Data Science for Retail.

Published: 14 Dec 2021

Professor Cohen awarded 2021 NSERC Discovery Grant

Maxime Cohen,聽Professor of Retail and Operations Management awarded聽2021 NSERC Discovery Grant

Published: 22 Jul 2021

Promotion Optimization for Multiple Items in Supermarkets

Authors: Maxime C. Cohen, J.J. Kalas, and G. Perakis Publication: Management Science, Volume 67, Issue 4, April 2021, Pages 2340-2364. Abstract:

Published: 8 Jun 2021

A Simple Rule for Pricing with Limited Knowledge of Demand

Authors: Maxime C. Cohen, G. Perakis, R.S. Pindyck

Publication: Management Science, Volume 67, Issue 3, March 2021, Pages 1608-1621.

Abstract:

Published: 24 Mar 2021

2020 SSHRC Insight Grants awarded

Congratulations to the Desautels professors who received 2020 SSHRC Insight Grants and Insight Development Grants. SSHRC Insight Grants Professor Laurent Barras (with Professor David Schumacher) Professor Sebastien Betermier Professor
Published: 23 Feb 2021

Maxime Cohen appointed Associate Editor of Management Science

Maxime Cohen, Associate Professor of Retail Management and Operations Management, was recently appointed Associate Editor of Management Science

Published: 30 Oct 2020

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