Alexandrov, Alexei; Bedre-Defolie, Özlem - European School of Management and Technology (ESMT) - 2013
We show that a monopolist's problem of optimal advance selling strategy can be mathematically transformed into a … occurring, ii. the firm pre-commits to the spot prices to be charged in the advance selling stage, iii. consumers are risk … literature on bundling to advance selling problems. In particular, we show that advance selling is more profitable than spot …