A newsvendor problem considering decision biases of strategic customers with private product value information
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Publication:6561563
DOI10.1142/S0217595923500045zbMATH Open1542.90012MaRDI QIDQ6561563FDOQ6561563
Authors: Yanan Song, Zexin Yue, Junlin Chen, Xiaobo Zhao
Publication date: 25 June 2024
Published in: Asia-Pacific Journal of Operational Research (Search for Journal in Brave)
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Consumer behavior, demand theory (91B42) Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)
Cites Work
- Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
- Quantal response equilibria for extensive form games
- Quantal response equilibria for normal form games
- Optimal Price Skimming by a Monopolist Facing Rational Consumers
- Prospect Theory: An Analysis of Decision under Risk
- Research note-the role of production lead time and demand uncertainty in marketing durable goods
- Strategic customer behavior, commitment, and supply chain performance
- Strategic capacity rationing to induce early purchases
- Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers
- Dynamic pricing when consumers are strategic: analysis of posted and contingent pricing schemes
- Optimal markdown pricing: implications of inventory display formats in the presence of strategic customers
- Modeling customer bounded rationality in operations management: a review and research opportunities
- High price or low price? An experimental study on a markdown pricing policy
- Selling passes to strategic customers
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