Yalçın Akçay

Director Centre for Business Analytics and Professor of Operations

Yalçın Akçay joined Melbourne Business School in 2017 and is currently the Director of the Centre for Business Analytics.

He received his dual-title PhD from the Penn State Smeal College of Business. Previously, he was an Associate Professor at Koç University.

Yalçın’s research focuses on revenue management, dynamic pricing, inventory management, retail operations, stochastic modelling of service and manufacturing systems. His research has been published in leading academic journals, including Management Science, Operations Research, and Production and Operations Management. Yalçın’s papers received the Wickham Skinner Best Paper Award from the Production and Operations Management Society (POMS) and the IIE Transactions Best Paper Award from the Institute of Industrial and System Engineers (IISE). His work was also selected as the Revenue Management and Pricing Section Practice Prize Finalist by the Institute for Operations Research and the Management Sciences (INFORMS).

Yalçın teaches Operations Management at the MBA, Executive MBA and Senior Executive MBA programs.

Journal Publications

Akçay, Yalçın, and Fikri Karaesmen. "Customers Know Best: Pricing Policies for Products with Heterogeneous Quality" Forthcoming in Decision Sciences (2021)

Akçay, Yalçın, Yunke Li, and Harihara Prasad Natarajan. "Category Inventory Planning With Service Level Requirements and Dynamic Substitutions." Production and Operations Management 29, no. 11 (2020): 2553-2578.

Sayman, Serdar, and Yalçın Akçay. "A transaction utility approach for bidding in second-price auctions", Journal of Interactive Marketing 49, no. 1 (2020), 86-93.

Huettner, Frank, Tamer Boyacı, and Yalçın Akçay. "Consumer choice under limited attention when options have different information costs", Operations Research 67, no. 3 (2019), 671-699.  

Boyacı, Tamer, and Yalçın Akçay. "Pricing when customers have limited attention", Management Science 64, no. 7 (2018): 2995-3014.

Ali, Özden Gür, Yalçın Akçay, Serdar Sayman, Emrah Yılmaz, and M. Hamdi Özçelik. "Cross-Selling Investment Products with a Win-Win Perspective in Portfolio Optimization." Operations Research 65, no. 1 (2016): 55-74.

Luo, Ting, Long Gao, and Yalçın Akçay. "Revenue management for intermodal transportation: the role of dynamic forecasting." Production and Operations Management 25, no. 10 (2016): 1658-1672.

Tan, Barış, and Yalçın Akçay. "Assortment-based cooperation between two make-to-stock firms." IIE Transactions 46, no. 3 (2014): 213-229.

Akçay, Yalçın, Tamer Boyacı, and Dan Zhang. "Selling with money‐back guarantees: The impact on prices, quantities, and retail profitability." Production and Operations Management 22, no. 4 (2013): 777-791.

Akçay, Yalçın, Harihara Prasad Natarajan, and Susan H. Xu. "Joint dynamic pricing of multiple perishable products under consumer choice." Management Science 56, no. 8 (2010): 1345-1361.

Akçay, Yalçιn, Anant Balakrishnan, and Susan H. Xu. "Dynamic assignment of flexible service resources." Production and Operations Management 19, no. 3 (2010): 279-304.

Akcay, Yalçın, and Atakan Yalcin. "Optimal portfolio selection with a shortfall probability constraint: evidence from alternative distribution functions." Journal of Financial Research 33, no. 1 (2010): 77-102.

Aydın, Seray, Yalçın Akçay, and Fikri Karaesmen. "On the structural properties of a discrete-time single product revenue management problem." Operations Research Letters 37, no. 4 (2009): 273-279.

Akçay, Yalçın, and Barış Tan. "On the benefits of assortment‐based cooperation among independent producers." Production and Operations Management 17, no. 6 (2008): 626-640.

Akçay, Yalçın, Haijun Li, and Susan H. Xu. "Greedy algorithm for the general multidimensional knapsack problem." Annals of Operations Research 150, no. 1 (2007): 17.

Akçay, Yalçın, and Susan H. Xu. "Joint inventory replenishment and component allocation optimization in an assemble-to-order system." Management Science 50, no. 1 (2004): 99-116.