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We derive the optimal ratio between advertising and sales income when a publisher maximises its profits with respect to advertising space and product price. If consumers are more adverse towards advertising than towards price, the ratio is higher. The same theoretical framework is used to...
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We derive the optimal ratio between advertising and sales income when a publisher maximises its profits with respect to advertising space and product price. If consumers are more adverse towards advertising than towards price, the ratio is higher. The same theoretical framework is used to...
Persistent link: https://www.econbiz.de/10005751519
propose an active-learning heuristic pricing policy. We conduct a numerical study to test the performance of four different … pricing problem faced by sellers of fashion-like goods. We consider a retailer that plans to sell a given stock of items … heuristic dynamic pricing policies in order to gain insight into several important managerial questions that arise in the …
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