A revisit to the markup practice of irreversible dynamic pricing

DOI10.1007/S10479-019-03438-1zbMATH Open1502.91029OpenAlexW2982259598MaRDI QIDQ2095191FDOQ2095191

Authors: Michael N. Katehakis, Yifeng Liu, Jian Yang 

Publication date: 9 November 2022

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-019-03438-1

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zbMATH Keywords

dynamic pricingthreshold policymarkup practice

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Periodic Pricing of Seasonal Products in Retailing
• Optimal Starting Times for End-of-Season Sales and Optimal Stopping Times for Promotional Fares
• Title not available (Why is that?)
• Optimal dynamic pricing for perishable assets with nonhomogeneous demand
• A continuous-time yield management model with multiple prices and reversible price changes
• A Multiproduct Dynamic Pricing Problem and Its Applications to Network Yield Management
• Dynamic pricing for nonperishable products with demand learning
• Dynamic pricing without knowing the demand function: risk bounds and near-optimal algorithms
• Dynamic pricing with a prior on market response
• A partially observed Markov decision process for dynamic pricing
• Dynamic pricing under a general parametric choice model
• Perishable asset revenue management with Markovian time dependent demand intensities
• Close the gaps: a learning-while-doing algorithm for single-product revenue management problems
• Revenue management under randomly evolving economic conditions

Cited In (3)

• Optimal online markdown and markup pricing policies with demand uncertainty
• A flexible cost share approach to markup estimation
• Markup cycles, dynamic misallocation, and amplification

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