Browsing by Keywords "Pricing"
Now showing items 1-20 of 26
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Bundle pricing of inventories with stochastic demand
(Elsevier, 2009)We consider a retailer selling a fixed inventory of two perishable products over a finite horizon. Assuming Poisson arrivals and a bivariate reservation price distribution, we determine the optimal product and bundle prices ... -
Bundle pricing of inventories with stochastic demand
(Bilkent University, 2004)In this study, we consider the single period pricing of two perishable products which are sold individually and as a bundle. Demands come from a Poisson Process with a price-dependent rate. Assuming that the customers’ ... -
Capacitated assortment optimization and pricing problems under mixed multinomial logit model
(Bilkent University, 2016-08)We study capacitated assortment optimization problem under mixed multinomial logit model where a retailer wants to choose the set of products to offer to various customer segments with the goal of maximizing revenue while ... -
Competitive location and pricing on a line with metric transportation costs
(Elsevier, 2020-04-01)Consider a three-level non-capacitated location/pricing problem: a firm first decides which facilities to open, out of a finite set of candidate sites, and sets service prices with the aim of revenue maximization; then a ... -
Coordination of staffing and pricing decisions in a service firm
(John Wiley & Sons, 2008)Customer demand is sensitive to the price paid for the service in many service environments. Using queueing theory framework, we develop profit maximization models for jointly determining the price and the staffing level ... -
Discrete-time pricing and optimal exercise of American perpetual warrants in the geometric random walk model
(2013)An American option (or, warrant) is the right, but not the obligation, to purchase or sell an underlying equity at any time up to a predetermined expiration date for a predetermined amount. A perpetual American option ... -
Expected gain-loss pricing and hedging of contingent claims in incomplete markets by linear programming
(Elsevier, 2010)We analyze the problem of pricing and hedging contingent claims in the multi-period, discrete time, discrete state case using the concept of a "λ gain-loss ratio opportunity". Pricing results somewhat different from, but ... -
A framework for handling connectionless services in ATM networks
(Bilkent University, 1997)ATM networks, which are connection-oriented transport inediums, are well-suited to handle interactive and real-time applications such as telephony and video conferencing. However, they will be underutilized if used ... -
Gain-loss based convex risk limits in discrete-time trading
(Springer -Verlag, 2011-08)We present an approach for pricing and hedging in incomplete markets, which encompasses other recently introduced approaches for the same purpose. In a discrete time, finite space probability framework conducive to numerical ... -
Gain-loss pricing under ambiguity of measure
(E D P Sciences, 2010)Motivated by the observation that the gain-loss criterion, while offering economically meaningful prices of contingent claims, is sensitive to the reference measure governing the underlying stock price process (a situation ... -
An integer programming model for pricing American contingent claims under transaction costs
(2012)We study the problem of computing the lower hedging price of an American contingent claim in a finite-state discrete-time market setting under proportional transaction costs. We derive a new mixed-integer linear programming ... -
Integration of shipment scheduling decisions for forward and reverse channels in a recoverable item system
(Elsevier, 2012-11)In this paper, we consider the problem of finding the economic shipment quantities of failed and recovered items between a central depot and a collection center to coordinate the flow in both ways. Our model takes an ... -
Inventory and pricing decisions in a single-period problem involving risky supply
(Elsevier, 2008-11)We explore an extension of the single-period (newsboy) inventory problem when supply is uncertain. We look into the negotiations between a newsvendor (retailer) and a manufacturer when there is competition from a second ... -
Joint inventory and constant price decisions for a continuous review system
(Emerald Group, 2012)Purpose: The purpose of this paper is to study joint inventory and pricing strategy for a continuous inventory review system. While dynamic pricing decisions are often studied in the literature along with inventory management, ... -
Lower hedging of American contingent claims with minimal surplus risk in finite-state financial markets by mixed-integer linear programming
(2014)The lower hedging problem with a minimal expected surplus risk criterion in incomplete markets is studied for American claims in finite state financial markets. It is shown that the lower hedging problem with linear expected ... -
Optimal bundle formation and pricing of two products with limited stock
(2009)In this study, we consider the stochastic modeling of a retail firm that sells two types of perishable products in a single period not only as independent items but also as a bundle. Our emphasis is on understanding the ... -
Optimal bundle formation and pricing of two products with limited stock
(Bilkent University, 2005)In this study, we consider the stochastic modeling of a retail firm that sells two types of perishable products in a single period not only as independent items but also as a bundle. Our emphasis is on understanding the ... -
A pharmaceuticals pricing problem
(Bilkent University, 2009)Pharmaceuticals Market, both globally and in Turkey, is subject to a material tendency in curtailing health expenditures mainly through two instruments; generic drug utilization and policy changes regarding pricing and ... -
Pricing American contingent claims by stochastic linear programming
(Taylor & Francis, 2009)We consider pricing of American contingent claims (ACC) as well as their special cases, in a multi-period, discrete time, discrete state space setting. Until now, determining the buyer's price for ACCs required solving an ... -
Pricing American perpetual warrants by linear programming
(Society for Industrial and Applied Mathematics, 2009)A warrant is an option that entitles the holder to purchase shares of a common stock at some prespecified price during a specified interval. The problem of pricing a perpetual warrant (with no specified interval) of the ...
