Maximizing Revenues of Perishable Assets with a Risk Factor

DOI10.1287/OPRE.47.2.337MaRDI QIDQ4545679zbMATH OpenOpenAlexFDO

Authors Youyi Feng, Baichun Xiao

Publication date 15 August 2002

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.47.2.337

zbMATH Keywords

managementrisk-sensitive pricing model

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50)

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Cited in

(22)

• List pricing versus dynamic pricing: impact on the revenue risk
• Switching Times from Season to Single Tickets
• Risk-sensitive capacity control in revenue management
• Time-consistent, risk-averse dynamic pricing
• Optimizing conditional value-at-risk in dynamic pricing
• A survey on risk-averse and robust revenue management
• A minmax regret price control model for managing perishable products with uncertain parameters
• Risk in Revenue Management and Dynamic Pricing
• Technical Note—A Risk-Sensitive Model for Managing Perishable Products
• Determine targets with revenue maximisation and downside risk hedging considerations under the stochastic setting
• Double optimal stopping times and dynamic pricing problem: description of the mathematical model
• Dynamic switching times from season to single tickets in sports and entertainment
• Analysis of airline seat control with region factor
• Risk-averse dynamic pricing using mean-semivariance optimization
• Optimal online markdown and markup pricing policies with demand uncertainty
• Analytical solutions to the dynamic pricing problem for time-normalized revenue
• Risk management policies for dynamic capacity control
• Risk-sensitive dynamic pricing for a single perishable product
• Style goods pricing with demand learning
• Risk-sensitive control of Markov decision processes: a moment-based approach with target distributions
• Fashion products with asymmetric sales horizons
• Integration of pricing and capacity allocation for perishable products

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