Chen, Hongqiao; Hu, Ming; Wu, Jiahua - In: Manufacturing & service operations management : M & SOM 25 (2023) 3, pp. 1176-1194
pricing policies, the optimal randomized pricing policy beats it if low-valuation customers are sufficiently patient and the … customers is detrimental to the firm’s profitability, and the expected profit from an optimal randomized pricing policy …