A Multiproduct Dynamic Pricing Problem and Its Applications to Network Yield Management
DOI10.1287/OPRE.45.1.24zbMATH Open0889.90052OpenAlexW2136768128MaRDI QIDQ4367262FDOQ4367262
Garrett van Ryzin, Guillermo Gallego
Publication date: 15 January 1998
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/6eaa07f0e052cfc0457f2b6455fef7ed78a4ee8c
heuristicsstochastic demandfinite horizonmultiproduct dynamic pricing problemnetwork yield management
Dynamic programming (90C39) Production theory, theory of the firm (91B38) Inventory, storage, reservoirs (90B05)
Cited In (93)
- 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
- Real-Time Dynamic Pricing for Revenue Management with Reusable Resources, Advance Reservation, and Deterministic Service Time Requirements
- An overview of revenue management and dynamic pricing models in hotel business
- Technical Note—A Near-Optimal Algorithm for Real-Time Order Acceptance: An Application in Postacute Healthcare Services
- Performance of an LP-Based Control for Revenue Management with Unknown Demand Parameters
- Dynamic pricing for shared mobility systems based on idle time data
- Multiunit dynamic pricing with different types of observable customer information
- A Primal–Dual Learning Algorithm for Personalized Dynamic Pricing with an Inventory Constraint
- Online Allocation and Pricing: Constant Regret via Bellman Inequalities
- Product price alignment with seller service rating and consumer satisfaction
- 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
- Combined Network Design and Multiperiod Pricing: Modeling, Solution Techniques, and Computation
- Analysis of Deterministic Control and Its Improvements for an Inventory Problem with Multiproduct Batch Differentiation
- Dynamic Nonlinear Pricing of Inventories over Finite Sales Horizons
- Dynamic pricing in a trade‐in program with replacement and new customers
- Logarithmic Regret in the Dynamic and Stochastic Knapsack Problem with Equal Rewards
- Effects of dynamic pricing of perishable products on revenue and waste
- 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
- Technical Note—Product-Based Approximate Linear Programs for Network Revenue Management
- Efficient formulations for pricing under attraction demand models
- List pricing versus dynamic pricing: impact on the revenue risk
- Dynamic and targeted bundle pricing of two independently valued products
- Revenue management for low-cost providers
- Joint dynamic pricing and capacity control for hotels and rentals with advanced demand information
- Joint optimization of pricing and planning decisions in divergent supply chain
- Dynamic pricing in a production system with multiple demand classes
- Asymptotically optimal dynamic pricing for network revenue management
- A revenue management model for products with two capacity dimensions
- Dynamic price competition with discrete customer choices
- Dynamic pricing and replenishment: Optimality, bounds, and asymptotics
- Pricing non-storable perishable goods by using a purchase restriction with an application to airline fare pricing
- Model predictive control for dynamic resource allocation
- Appointment Scheduling Under Patient Preference and No-Show Behavior
- 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
- Tractable Equilibria in Sponsored Search with Endogenous Budgets
- Strategic and operational decisions in restaurant revenue management
- Dynamic pricing with uncertain production cost: an alternating-move approach
- 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.
- Complementarity demand functions and pricing models for multi-product markets
- Mathematical programming for network revenue management revisited
- A continuous-time dynamic pricing model knowing the competitor's pricing strategy
- Optimal policies in continuous time inventory control models with limited supply
- Simulation of stochastic demand data streams for network revenue management problems
- Pricing to accelerate demand learning in dynamic assortment planning for perishable products
- A competitive dynamic pricing model when demand is interdependent over time
- Optimal pricing and production master planning in a multiperiod horizon considering capacity and inventory constraints
- Pricing substitutable flights in airline revenue management
- A liner shipping competitive model with consideration of service quality management
- Bundle pricing of inventories with stochastic demand
- Two-period dynamic versus fixed-ratio pricing in a capacity constrained duopoly
- Dynamic pricing of primary products and ancillary services
- Autonomous and advertising-dependent `word of mouth' under costly dynamic pricing
- Analytical solutions to the dynamic pricing problem for time-normalized revenue
- Dynamic pricing for perishable items with costly price adjustments
- An LP-based correlated rounding scheme for multi-item ecommerce order fulfillment
- Optimality of quasi-open-loop policies for discounted semi-Markov decision processes
- A review of multi-product pricing models
- Revenue management for a make-to-order company with limited inventory capacity
- The d-Level Nested Logit Model: Assortment and Price Optimization Problems
- Demand Shaping Through Bundling and Product Configuration: A Dynamic Multiproduct Inventory-Pricing Model
- Optimal dynamic pricing of perishable products with stochastic demand and a finite set of prices
- Dynamic capacity management with general upgrading
- Dynamic pricing and advertising for web content providers
- On dynamic pricing under model uncertainty
- Quantity Premiums and Discounts in Dynamic Pricing
- Solution to the continuous time dynamic yield management model
- Effects of sourcing structure on performance in a multiple-product assemble-to-order supply chain
- Stochastic Dynamic Multi-product Pricing Under Competition
- 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
- A Dynamic Near-Optimal Algorithm for Online Linear Programming
- Optimal pricing and production planning for multi-product multi-period systems with backorders
- A revisit to the markup practice of irreversible dynamic pricing
- Fair Resource Allocation in a Volatile Marketplace
- Nonparametric advertising budget allocation with inventory constraint
- A pricing model for clearing end-of-season retail inventory
- Dynamic pricing of multiple home delivery options
- Multiproduct Pricing with Discrete Price Sets
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