Priority option pricing in an \(M/M/m\) queue

DOI10.1016/j.orl.2008.07.001zbMath1151.90365OpenAlexW2013522145MaRDI QIDQ2517798

Apostolos N. Burnetas, Antonios Printezis

Publication date: 9 January 2009

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2008.07.001

zbMATH Keywords

dynamic programmingpriority pricingservice options

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Microeconomic theory (price theory and economic markets) (91B24)

Related Items (1)

An Overview for Markov Decision Processes in Queues and Networks

Cites Work

• Optimal pricing for service facilities with self-optimizing customers
• Competition in the Supply Option Market
• Option Pricing with Downward-Sloping Demand Curves: The Case of Supply Chain Options

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