This paper examines the dynamic pricing decisions of a monopolist seller when customers have time-inconsistent preferences, which is modeled by quasi-hyperbolic discounting. By considering the cases where customers can be sophisticated, naive, or partially naive about their time-inconsistent...

We consider a traditional joint pricing and inventory control problem with lead times, which has been extensively studied in the literature but is notoriously difficult to solve due to the complex structure of the optimal policy. In this work, rather than analyzing the optimal policy, we propose...

This chapter reviews recent developments in analyzing single product dynamic models of joint inventory and pricing decisions. Recent literature has significantly generalized the basic model of Federgruen and Heching (1999) on both demand and supply dimensions. In our review, we put a particular...