Browsing by Keywords "Dynamic Pricing"
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On pricing of perishable assets with menu costs
(Elsevier, 2009-10)We consider dynamic pricing of perishable assets in the presence of price-sensitive renewal demand processes. Unlike the existing works in the literature, we explicitly incorporate non-negligible price change costs which ... -
Style goods pricing with demand learning
(Elsevier, 2009-08-01)For many industries (e.g., apparel retailing) managing demand through price adjustments is often the only tool left to companies once the replenishment decisions are made. A significant amount of uncertainty about the ...