Analytical solutions to the dynamic pricing problem for time-normalized revenue

DOI10.1016/J.EJOR.2016.04.012MaRDI QIDQ323387zbMATH OpenOpenAlexFDO

Authors Michael Nawar Ibrahim, Amir F. Atiya

Publication date 7 October 2016

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

Full work available at URL https://doi.org/10.1016/j.ejor.2016.04.012

zbMATH Keywords

calculus of variationspricingdynamic pricingnonhomogeneous Poisson processtime-normalized revenue

Mathematics Subject Classification ID

Transportation, logistics and supply chain management (90B06) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

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• scientific article; zbMATH DE number 5010413 (Why is no real title available?)
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• Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Infinite Horizon Case
• Dynamic pricing and inventory control with learning
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• Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
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• Optimal Starting Times for End-of-Season Sales and Optimal Stopping Times for Promotional Fares
• Optimal dynamic pricing for perishable assets with nonhomogeneous demand
• Optimal pricing policies for perishable products
• Periodic Pricing of Seasonal Products in Retailing
• Stochastic processes. Theory for applications.

Cited in

(2)

• Discrete-time cost analysis for a telecommunication billing application with rejuvenation
• Solution to the continuous time dynamic yield management model

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