Optimal dynamic price selection under attraction choice models

DOI10.1016/J.EJOR.2010.01.008MaRDI QIDQ976371zbMATH OpenOpenAlexFDO

Authors Cornelia Schön

Publication date 11 June 2010

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2010.01.008

zbMATH Keywords

pricingfractional programmingrevenue managementdiscrete choice behaviorstochastic multi-product dynamic pricing

Mathematics Subject Classification ID

Complementarity and equilibrium problems and variational inequalities (finite dimensions) (aspects of mathematical programming) (90C33) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• scientific article; zbMATH DE number 858900 (Why is no real title available?)
• A Multiproduct Dynamic Pricing Problem and Its Applications to Network Yield Management
• A sixth bibliography of fractional programming
• Discrete Choice Methods with Simulation
• Integration of pricing and capacity allocation for perishable products
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Pricing substitutable flights in airline revenue management
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• The theory and practice of revenue management
• The underlying Markov decision process in the single-leg airline yield-management problem

Cited in

(12)

• Efficient formulations for pricing under attraction demand models
• The nested consideration model: investigating dynamic store consideration sets and store competition
• Multiproduct pricing with discrete price sets
• Dynamic channel control and pricing of a single perishable product on multiple distribution channels
• Tractable approximations for assortment planning with product costs
• Maximum utility product pricing models and algorithms based on reservation price
• On the optimal product line selection problem with price discrimination
• Product line pricing for services with capacity constraints and dynamic substitution
• A review of choice-based revenue management: theory and methods
• Technical note -- Optimal pricing under multiple-discrete customer choices and diminishing return of consumption
• Optimal pricing under diffusion-choice models
• Pricing competition under specific discrete choice models

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