Showing 21 - 30 of 115,200
Persistent link: https://www.econbiz.de/10011388018
This paper studies the impact of supply reliability on a retail firm's performance under joint marketing and inventory decisions. The firm sells a product in a single selling season and can exert marketing effort to influence consumer demand. We develop a modeling framework to quantify the value...
Persistent link: https://www.econbiz.de/10012722817
We consider a dynamic pricing problem in which the seller sells a limited amount of inventory over a short time horizon … new, derivative-based approach to tackle the dynamic pricing problem with unknown customer willingness-to-pay, limited …
Persistent link: https://www.econbiz.de/10012903829
Persistent link: https://www.econbiz.de/10013185389
Persistent link: https://www.econbiz.de/10009315646
Persistent link: https://www.econbiz.de/10012036667
Persistent link: https://www.econbiz.de/10011904418
This article presents a dynamic pricing model of a retailer selling an inventory, accounting for consumer behavior. The … and to a reference price. The optimal dynamic pricing policy is solved with Pontryagin's maximum principle with a … structural (general) demand function. The authors obtain an original pricing rule, which explicitly accounts for the impact of …
Persistent link: https://www.econbiz.de/10011917292
Persistent link: https://www.econbiz.de/10011882703
This article presents a dynamic pricing model of a retailer selling an inventory, accounting for consumer behavior. The … 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 …
Persistent link: https://www.econbiz.de/10011866050