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Indiana University Bloomington

Operations & Decision Technologies

ODT Widget Faculty

"The faculty at Kelley are amazing to work with. The Academy students are really engaged and are very impressive."
Casey Wayson,
Recruiter, Eaton Corp.

Goker Aydin

Contact Information

(812) 855-5921
ayding [at] indiana [dot] edu (E-mail)
Business School

Faculty Web Page

  • Associate Professor
  • ArcelorMittal USA Undergraduate Faculty Fellow


  • Bloomington


  • Ph.D, Stanford University, 2003
  • MS, Purdue University, 1999
  • BS, Bogazici University, 1997

Professional Experience

  • Assistant Professor, University of Michigan – Ann Arbor, Department of Industrial and Operations Engineering, 2003-2009
  • Associate Professor, Indiana University, Kelley School of Business, 2009-present

Awards, Honors & Certifications

  • 2012, 2011 Management Science Meritorious Service Award
  • 2011, 2009 M&SOM Meritorious Service Award
  • Finalist in 2009 INFORMS JFIG Paper Competition, with “Personalized Dynamic Pricing of Limited Inventories.”
  • 2008 Alpha Pi Mu Outstanding Professor of the Year, awarded by the student honor society Alpha Pi Mu, Department of Industrial and Operations Engineering, University of Michigan – Ann Arbor
  • 2008 Jon R. and Beverly S. Holt Award for Excellence in Teaching, awarded by the College of Engineering, University of Michigan – Ann Arbor

Professional Interests

Supply Chain Management; Revenue Management; Retail Operations; Interactions among Pricing, Product Variety and Operations Decisions

Selected Publications

  • Guo, S., G. Aydin, and G. C. Souza (2014), “Dismantle or Remanufacture?” European Journal of Operational Research, 233(3): 580-583.

    Read Abstract ››

  • Kuo, C. H. Ahn, and G. Aydin (2013), “Pricing Policy in a Supply Chain: Negotiation or Posted Pricing,” Production and Operations Management, Volume 22, Issue 3, pages 626–641. Read Abstract ››

  • Aydin, G. and H. S. Heese (2013), “Bargaining for an Assortment,” Management Science, forthcoming. Read Abstract ››

  • Ye, S., G. Aydin, and S. Hu (2013), “Sponsored Search Marketing: Dynamic Pricing and Advertising for an Online Retailer,” accepted for publication in Management Science. Read Abstract ››

  • Mayorga, M., H. Ahn, and G. Aydin (2013), "Optimal Assortment and Inventory Decisions with Multiple Quality Levels," Annals of Operations Research, 211:1 December, 301-331.

    Read Abstract ››

  • Yang, Z., G. Aydin, V. Babich, and D. Beil (2012), "Using a Dual-Sourcing Option in the Presence of Asymmetric Information about Supplier Reliability: Competition vs. Diversification," Manufacturing & Service Operations Management, Vol.14, pp.202-217. Read Abstract ››

  • Rodriguez, B. and G. Aydin (2011), "Assortment Selection and Pricing for Configurable Products under Demand Uncertainty," European Journal of Operational Research, Vol. 210, No. 3, May, pp. 635-646.  Read Abstract ››

  • Suh, M. and G. Aydin (2011), "Dynamic Pricing of Substitutable Products under Logit Demand," IIE Transactions, Vol. 43, No. 5, May, pp. 323-331. Read Abstract ››

  • Kuo, C., H. Ahn, and G. Aydin (2011), "Dynamic Pricing of Limited Inventories when Customers Negotiate," Operations Research, Vol. 59, No. 4, July/August, pp. 882-897. Read Abstract ››

  • Yang, Z., G. Aydin, V. Babich, and D. Beil (2009), "Supply Disruptions, Asymmetric Information, and a Backup Production Option," Management Science, Vol. 55, No. 2, February, pp. 192-209. Read Abstract ››

  • Aydin, G. and S. Ziya (2009), "Personalized Dynamic Pricing of Limited Inventories," Operations Research, Vol. 57, No. 6, November/December, pp. 1523-1531. Read Abstract ››

  • Aydin, G. and W. H. Hausman (2009), "The Role of Slotting Fees in the Coordination of Assortment Decisions," Production and Operations Management, Vol. 18, No. 6, November/December, pp. 635-652. Read Abstract ››

  • Aydin, G. and S. Ziya (2008), "Pricing Promotional Products under Upselling," Manufacturing and Service Operations Management, Vol. 10, pp. 360-376. Read Abstract ››

  • Aydin, G. and E. L.Porteus (2008), "Joint Inventory and Pricing Decisions for an Assortment," Operations Research, Vol. 56, No. 5, September/October, pp. 1247-1255. Read Abstract ››