suboptimal performance under decentralized control. For a given service discipline, we derive optimal class-specific pricing … requirements for all customer classes. For the M/G/1 first-come-first-served queue, we show that a single pricing scheme that is … result demonstrates that, under suitable conditions, simple and undifferentiated pricing can coordinate complex queueing …

We consider a model for optimal pricing and capacity for a service facility. The problem is formulated as one of …

a generalization of an input-pricing model introduced by Dewan and Mendelson and further examined by Stidham. At the … customers base their join/balk decisions on previous prices. We extend the discrete-time, dynamic-system pricing model of …

revenue-maximizing and socially optimal equilibria under uniform pricing, preemptive, and nonpreemptive priority auctions with … and provider profit over uniform pricing, which are dramatically larger for the preemptive mechanism. Both auctions …

This paper studies optimal pricing and capacity decisions for a service facility in an environment where users' delay … delay cost and capacity cost. We find necessary and sufficient conditions for the optimality of a pricing rule that charges …

to moral hazard problems. The headquarters designs incentive schemes such that the use of the common facility is optimal …

situations, lower piracy enforcement increases the monopolist's incentive to invest in quality. We explain the reasons and …