Showing 1 - 10 of 178,928
Persistent link: https://www.econbiz.de/10009377389
Using both economic theory and Artificial Intelligence (AI) pricing algorithms, we investigate the ability of a …
Persistent link: https://www.econbiz.de/10012823178
We develop a branch-and-price algorithm for constructing an optimal product line using partworth estimates from choice-based conjoint analysis. The algorithm determines the specific attribute levels for each multi-attribute product in a set of products to maximize the resulting product line's...
Persistent link: https://www.econbiz.de/10014055539
In this marketing-oriented era where manufacturers maximize profits through customer satisfaction, there is an increasing need to design a product line rather than a single product. By offering a product line, the manufacturer can customize his or her products to the needs of a variety of...
Persistent link: https://www.econbiz.de/10014054472
Persistent link: https://www.econbiz.de/10003590703
Persistent link: https://www.econbiz.de/10010386020
Persistent link: https://www.econbiz.de/10001529858
Fast-fashion retailers such as Zara offer continuously changing assortments and use minimal in-season promotions. Their clearance pricing problem is thus challenging because it involves comparatively more different articles of unsold inventory with less historical price data points. Until 2007,...
Persistent link: https://www.econbiz.de/10013134806
We study the static pricing problem for a network service provider in a loss system with a tree structure. In the network, multiple classes share a common inbound link and then have dedicated outbound links. The motivation is from a company that sells phone cards and needs to price calls to...
Persistent link: https://www.econbiz.de/10013107848
Many industries use dynamic pricing on an operational level to maximize revenue from selling a fixed capacity over a finite horizon. Classical risk-neutral approaches do not accommodate the risk aversion often encountered in practice. We add to the scarce literature on risk aversion by...
Persistent link: https://www.econbiz.de/10012926535