We consider a firm that faces the following pricing and leadtime disclosure decision. Either, (1) offer the same price …, or, (2) vary the price dynamically based on the current inventory status, and disclose leadtime information dynamically …. The second option allows the firm to offer a price discount for a long leadtime, and to offer a short leadtime when it has …

authors propose an optimal control model, maximizing the intertemporal profit with consumers sensitive to the selling price … and to a reference price. The optimal dynamic pricing policy is solved with Pontryagin's maximum principle with a … price and inventory on future profits. The dynamics of price do not have to imitate the dynamics of the reference price …

authors propose an optimal control model, maximizing the intertemporal profit with consumers sensitive to the selling price … and to a reference price. The optimal dynamic pricing policy is solved with Pontryagin's maximum principle with a … structural (general) demand function. They obtain an original pricing rule, which explicitly accounts for the impact of price and …

's demand is a fraction of aggregate demand but is negatively affected by the spread between the price the firm charges and the … unobserved industry price. Production costs are either linear or convex--implying quite different dynamic behavior. Marginal cost … positively or negatively correlated, depending on price and income elasticities of aggregate and local demand functions …