Customized Dynamic Pricing When Customers Develop a Habit or Satiation

DOI10.1287/OPRE.2022.2412MaRDI QIDQ6196753zbMATH OpenOpenAlexFDO

Authors

Publication date 15 March 2024

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.2022.2412

zbMATH Keywords

behavioral pricingdynamic pricinghabit and satiationstate-dependent pricing

Mathematics Subject Classification ID

Mathematical programming (90Cxx)

Recommendations

• Inter-temporal price discrimination and satiety-driven repeat purchases
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• Optimal dynamic pricing with patient customers
• Technical note -- dynamic pricing with heterogeneous patience levels

Cited in

(3)

• Habit forming consumers and firm dynamics
• Time-based multiple pricing policy in a supply chain with perishable products under bilateral asymmetric information
• Dynamic pricing with asymmetric reference price effects in a piecewise-smooth system

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