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The importance of fish size for price per kilo is studied using an inverse demand approach. Prices per kilo in …
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We introduce a measure of elasticity of stochastic demand, called the elasticity of the lost sales rate, which offers a … demand models in the marketing and operations literature. Our results unify and complement previous work on price …-setting newsvendor models, and provide a new tool for researchers modeling stochastic price-sensitive demand in other contexts …
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