Now showing items 1-5 of 5
Style goods pricing with demand learning
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 ...
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 ...
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 ...
Optimal bundle formation and pricing of two products with limited stock
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 ...
Bundle pricing of inventories with stochastic demand
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 ...