Pricing and matching with forward-looking buyers and sellers
Y Chen, M Hu - Manufacturing & Service Operations …, 2020 - pubsonline.informs.org
Problem definition: We study a dynamic market over a finite horizon for a single product or
service in which buyers with private valuations and sellers with private supply costs arrive …
service in which buyers with private valuations and sellers with private supply costs arrive …
Dynamic pricing with gain-seeking reference price effects
We study a dynamic pricing problem of a firm facing reference price effects at an aggregate
demand level, where demand is more sensitive to gains than losses. We find that even the …
demand level, where demand is more sensitive to gains than losses. We find that even the …
Robust dynamic pricing with strategic customers
Y Chen, VF Farias - Mathematics of Operations Research, 2018 - pubsonline.informs.org
We consider the canonical revenue management (RM) problem wherein a seller must sell
an inventory of some product over a finite horizon via an anonymous, posted price …
an inventory of some product over a finite horizon via an anonymous, posted price …
Intertemporal pricing under minimax regret
We consider the pricing problem faced by a monopolist who sells a product to a population
of consumers over a finite time horizon. Customers' types differ along two dimensions:(i) …
of consumers over a finite time horizon. Customers' types differ along two dimensions:(i) …
On the efficacy of static prices for revenue management in the face of strategic customers
We consider a canonical revenue management (RM) problem wherein a monopolist seller
posts prices for multiple products that are for sale over a fixed horizon so as to maximize …
posts prices for multiple products that are for sale over a fixed horizon so as to maximize …
Intertemporal price discrimination via reference price effects
Z Wang - Operations research, 2016 - pubsonline.informs.org
We consider the dynamic pricing problem a monopolistic seller faces when customers arrive
in heterogeneous time periods and their purchase decisions are affected by reference prices …
in heterogeneous time periods and their purchase decisions are affected by reference prices …
Joint pricing and inventory management with strategic customers
Y Chen, C Shi - Operations Research, 2019 - pubsonline.informs.org
We consider a model wherein the seller sells a product to customers over an infinite horizon.
At each time, the seller decides a set of purchase options offered to customers and the …
At each time, the seller decides a set of purchase options offered to customers and the …
Pricing strategies in an M/G/m/m loss system: A case study of Incheon International Airport customer services
J Park, I Moon - Transportation Research Part E: Logistics and …, 2024 - Elsevier
This paper studied the optimal pricing strategy based on a highly realistic pricing scheme in
order to maximize the revenue of a service modeled as an M/G/m/m loss system. The …
order to maximize the revenue of a service modeled as an M/G/m/m loss system. The …
Dynamic pricing with heterogeneous patience levels
I Lobel - Operations Research, 2020 - pubsonline.informs.org
We consider the problem of dynamic pricing in the presence of patient consumers. We call a
consumer patient if she is willing to wait a certain number of periods for a lower price and …
consumer patient if she is willing to wait a certain number of periods for a lower price and …
Markdown pricing under unknown demand
Abstract We consider the Unimodal Multi-Armed Bandit problem where the goal is to find the
optimal price under an unknown unimodal reward function, with an additional" markdown" …
optimal price under an unknown unimodal reward function, with an additional" markdown" …