Duncan Simester


Nanyang Technological University Professor
Professor of Marketing

 

Duncan Simester investigates retail pricing and how customers form inferences about competitive prices from common marketing cues such as sale signs, price endings, installment billing offers, and credit card logos. Simester also investigates how operations research techniques can be used to optimize marketing decisions. His current work explores the long-term costs of stockouts, the long-term impact of promotion decisions, dynamic catalog mailing decisions, and adaptive techniques for the optimal design of pricing and product decisions. Other work investigates the allocation of ownership in channel relationships, and the adaptive design of market research instruments. His research is often inter-disciplinary in nature, using methodologies developed in economics or operations research to make contributions to the academic literature. The research relies heavily on industry participation, and includes many large-scale field tests conducted with a variety of direct marketing companies and other retail firms.

Faculty Media

  • Does the return of manufacturing to the U.S. mean more jobs?


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  • Deception in online reviews: a bigger issue than we might have thought

    Online companies are already struggling to deal with cyber-shilling, where people or companies are paid to post negative or positive reviews about products or services. But new research suggests...


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  • Why do some gamers post fake negative reviews?

    Marketing researchers at Northwest University and MIT looked at consumer reviews on an online clothing store, cross-referenced against the retailer's records of the consumer's actual...


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  • MIT study: Even loyal customers write deceptive reviews

    Even a company's loyal customers are inclined to write negative reviews about its products, regardless of whether the customers actually have purchased the products, according to new research...


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  • Duncan Simester on Black Friday shopping and retailer expectations this holiday season

    WBUR's Bob Oakes speaks with MIT Sloan Professor Duncan Simester about Black Friday and retailers' high expectations this holiday shopping season.


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  • What Is the Real Reason for Which Retailers Display Prices Ending in 99?

    How many times have you walked among the shelves of a supermarket or a bookstore only to find out that all reduced products were at costs of $ 14.99 or $ 20.99? Experts have an explanation for...


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  • Duncan Simester on customer response: Why guess and get it wrong

    The business pages are filled with examples of companies that have taken big hits to their brands because theyve made marketing decisions that ran afoul of customer expectations. Take Netflix, and...


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  • Is the Mobile Web Changing Your Purchasing Behavior?

    Has your smartphone changed how you make buying decisions? If so, youre not alone, according to an interesting presentation that MIT Sloan School Professor Duncan Simester gave as part of an MIT...


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  • Big retailers such as Nordstrom, Macy's embrace digital revolution

    Chains invest in technology to lure customers, cut costs When Nordstrom opens next month in Green Hills, shoppers will be able to check out in fitting rooms, browse available merchandise from...


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  • Why You Should Ignore Yelp Reviews

    Article about Yelp, a website that allows users to rate and review all kinds of service businesses, from restaurants to moving companies to churches.


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Contact Information

Office: E62-542
Phone: 617-258-0679
Fax: 617-258-7579
Email: simester@mit.edu
Website: http://web.mit.edu/simester/Public/
Support Staff
Name: Christina Sherman
Phone: (617) 324-4095

Teaches In

Advanced Management Program May 26-Jun 26, 2015

Strategic Marketing for the Technical Executive Nov 13-14, 2014 | Apr 16-17, 2015 | Jun 11-12, 2015 | Oct 13-14, 2015