A Multiproduct Dynamic Pricing Problem and Its Applications to Network Yield Management
DOI10.1287/OPRE.45.1.24zbMATH Open0889.90052OpenAlexW2136768128MaRDI QIDQ4367262FDOQ4367262
Authors: Guillermo Gallego, Garrett van Ryzin
Publication date: 15 January 1998
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/6eaa07f0e052cfc0457f2b6455fef7ed78a4ee8c
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heuristicsstochastic demandfinite horizonmultiproduct dynamic pricing problemnetwork yield management
Dynamic programming (90C39) Production theory, theory of the firm (91B38) Inventory, storage, reservoirs (90B05)
Cited In (95)
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- Stochastic dynamic multi-product pricing under competition
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- Pricing non-storable perishable goods by using a purchase restriction with an application to airline fare pricing
- The \(d\)-level nested logit model: assortment and price optimization problems
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- Mean-range based distribution-free procedures to minimize ``overage and ``underage costs
- Analysis of a joint pricing and seat allocation model in a hub-to-hub airline network
- Double optimal stopping times and dynamic pricing problem: description of the mathematical model
- Strategic and operational decisions in restaurant revenue management
- Dynamic pricing with uncertain production cost: an alternating-move approach
- Fair resource allocation in a volatile marketplace
- Dynamic capacity allocation for group bookings in live entertainment
- Dynamic pricing for perishable products with hybrid uncertainty in demand
- Impact of price-adjustments costs on integration of pricing and production planning of multiple-products
- Optimal dynamic price selection under attraction choice models
- Design and evaluation of a dynamic capacity apportionment procedure.
- Multiproduct pricing with discrete price sets
- Quantity premiums and discounts in dynamic pricing
- Complementarity demand functions and pricing models for multi-product markets
- Mathematical programming for network revenue management revisited
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- Optimal policies in continuous time inventory control models with limited supply
- Simulation of stochastic demand data streams for network revenue management problems
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- Analytical solutions to the dynamic pricing problem for time-normalized revenue
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- Optimality of quasi-open-loop policies for discounted semi-Markov decision processes
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- A dynamic near-optimal algorithm for online linear programming
- A continuous-time yield management model with multiple prices and reversible price changes
- Dynamic pricing and advertising for web content providers
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- Solution to the continuous time dynamic yield management model
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- Tractable equilibria in sponsored search with endogenous budgets
- Pricing of reusable resources under ambiguous distributions of demand and service time with emerging applications
- Dynamic pricing of ride-hailing platforms considering service quality and supply capacity under demand fluctuation
- Revenue management under randomly evolving economic conditions
- Reductions of approximate linear programs for network revenue management
- An LP based approximate dynamic programming model to address airline overbooking under cancellation, refund and no-show
- A stochastic approximation algorithm to compute bid prices for joint capacity allocation and overbooking over an airline network
- Optimal pricing and production planning for multi-product multi-period systems with backorders
- A revisit to the markup practice of irreversible dynamic pricing
- A pricing model for clearing end-of-season retail inventory
- Appointment scheduling under patient preference and no-show behavior
- Dynamic pricing of multiple home delivery options
- Demand shaping through bundling and product configuration: a dynamic multiproduct inventory-pricing model
- Logarithmic regret in the dynamic and stochastic knapsack problem with equal rewards
- An overview of revenue management and dynamic pricing models in hotel business
- Dynamic pricing for shared mobility systems based on idle time data
- Multiunit dynamic pricing with different types of observable customer information
- Technical note -- Product-based approximate linear programs for network revenue management
- A Primal–Dual Learning Algorithm for Personalized Dynamic Pricing with an Inventory Constraint
- Product price alignment with seller service rating and consumer satisfaction
- Combined Network Design and Multiperiod Pricing: Modeling, Solution Techniques, and Computation
- Technical note -- Bifurcating constraints to improve approximation ratios for network revenue management with reusable resources
- Technical note: multiproduct pricing under the generalized extreme value models with homogeneous price sensitivity parameters
- Dynamic pricing in a trade‐in program with replacement and new customers
- Real-time dynamic pricing for revenue management with reusable resources, advance reservation, and deterministic service time requirements
- Technical note -- A near-optimal algorithm for real-time order acceptance: an application in postacute healthcare services
- Dynamic pricing and replenishment: optimality, bounds, and asymptotics
- Effects of dynamic pricing of perishable products on revenue and waste
- Online allocation and pricing: constant regret via Bellman inequalities
- An approximation algorithm for capacity allocation over a single flight leg with fare-locking
- Nonparametric self-adjusting control for joint learning and optimization of multiproduct pricing with finite resource capacity
- Constant Regret Resolving Heuristics for Price-Based Revenue Management
- Dynamic pricing under cost reduction in the presence of myopic and strategic consumers
- Online Network Revenue Management Using Thompson Sampling
- Dynamic revenue management in a passenger rail network under price and fleet management decisions
- Performance of an LP-based control for revenue management with unknown demand parameters
- Dynamic nonlinear pricing of inventories over finite sales horizons
- Analysis of deterministic control and its improvements for an inventory problem with multiproduct batch differentiation
- Nonparametric advertising budget allocation with inventory constraint
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