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McAleer, Michael; Chan, Felix; Oxley, Les - 2013

The papers in this special issue of Mathematics and Computers in Simulation cover the following topics: improving … through the comparison of simultaneous and sequential estimation, modelling tail credit risk using transition matrices …, globalization, and innovation: a general equilibrium simulation, whether exchange rates affect consumer prices: a comparative …

Persistent link: https://www.econbiz.de/10010326266

Participatory modelling and decision support for natural resources management in climate change research

Giupponi, Carlo; Myšiak, Jaroslav; Sgobbi, Alessandra - 2008

potentials and the critical limitations of current approaches in the fields of simulation modelling (SM), public participation … proposal is presented, called NetSyMoD (Network Analysis Creative System Modelling Decision Support), which aims at … Modelling; (iv) DSS design; (v) Analysis of Options; and (vi) Action taking and monitoring. Several variants of the NetSyMoD …

Persistent link: https://www.econbiz.de/10010275924

Social learning and delay in a dynamic model of price competition

Aoyagi, Masaki; Bhallay, Manaswini; Gunayz, Hikmet - 2014

This paper studies dynamic price competition over two periods between two firms selling differentiated durable goods to two buyers who are privately informed about their types, but have valuations of the two goods dependent on the other buyer's type. The firms' pricing strategy in period 1 must...

Persistent link: https://www.econbiz.de/10011421507

Pay What You Want as a Marketing Strategy in Monopolistic and Competitive Markets

Schmidt, Klaus M.; Spann, Martin; Zeithammer, Robert - 2012

Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...

Persistent link: https://www.econbiz.de/10010334092

Resource and Revenue Management in Nonprofit Operations

de Véricourt, Francis; Lobo, Miguel Sousa - 2008

Nonprofit firms sometimes engage in for-profit activities for the purpose of generating revenue to subsidize their mission activities. The organization is then confronted with a consumption vs. investment tradeoff, where investment corresponds to providing capacity for revenue customers, and...

Persistent link: https://www.econbiz.de/10010352091

Cruise tourism: A hedonic pricing approach

Espinet-Rius, Josep Maria; Fluvià-Font, Modest; … - In: European Journal of Management and Business Economics … 27 (2018) 1, pp. 101-122

Persistent link: https://www.econbiz.de/10011946148

Optimization of inventory holding cost due to price, weight, and volume of items

Gurtu, Amulya - In: Journal of Risk and Financial Management 14 (2021) 2, pp. 1-11

The inventory carrying cost has been assumed uniform for all products in an organization or a warehouse. This assumption is not valid for a diversified range of items in an organization or warehouse. This paper tested this hypothesis of variations in inventory holding costs in a warehouse in two...

Persistent link: https://www.econbiz.de/10012611622

A pricing scheme for a human embryo storage service as a source for a secondary market

Herbon, Avi; Lahav, Yael; Spiegel, Uriel - In: Operations Research Perspectives 7 (2020), pp. 1-12

A large reservoir of frozen human embryos is a negative outcome of their cryostorage for in vitro fertilization treatments. The existence of unused stored embryos, referred to herein as "remaining embryos", places the service provider (usually a hospital) in a fragile situation. This is...

Persistent link: https://www.econbiz.de/10012662819

Determinants of revenue management practices and their impacts on the financial performance of hotels in Kenya: A proposed theoretical framework

Murimi, Michael; Wadongo, Billy; Olielo, Tom - In: Future Business Journal 7 (2021) 1, pp. 1-7

This conceptual paper aims at identifying a theoretical framework for the determinants of revenue management (RM) practices and their impacts on the financial performance of hotels. To create this framework, a two-phased process is employed where the first stage involves an explicit examination...

Persistent link: https://www.econbiz.de/10012664350

Dynamic pricing models and negotiating agents: Developments in management accounting

Cornacchione, Edgard B.; Reginato, Luciane; Imoniana, … - In: Administrative Sciences 13 (2023) 2, pp. 1-16

model simulation parameters and assumptions described. Findings show the combined market-utility-demand performance of … strategy-specific pricing optimization. Five price models based on market, utility, or demand information (three single and two …

Persistent link: https://www.econbiz.de/10014333201

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