Risk-sensitive dynamic pricing for a single perishable product

DOI10.1016/j.orl.2009.05.005zbMath1180.91136OpenAlexW2058032299MaRDI QIDQ1038099

Weifen Zhuang, Michael Z. F. Li

Publication date: 17 November 2009

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2009.05.005

zbMATH Keywords

dynamic pricingrisk-sensitiveadditive utilityatemporal utility

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (7)

Optimizing conditional value-at-risk in dynamic pricing ⋮ Risk-sensitive control of Markov decision processes: a moment-based approach with target distributions ⋮ Risk-averse dynamic pricing using mean-semivariance optimization ⋮ A survey on risk-averse and robust revenue management ⋮ Joint dynamic pricing and capacity control for hotels and rentals with advanced demand information ⋮ Time-consistent, risk-averse dynamic pricing ⋮ Optimal dynamic pricing for deteriorating items with reference-price effects

Cites Work

• Unnamed Item
• Risk-averse capacity control in revenue management
• Dynamic Pricing in Airline Seat Management for Flights with Multiple Flight Legs
• Relative Entropy, Exponential Utility, and Robust Dynamic Pricing
• Risk Aversion in Inventory Management
• Risk in Revenue Management and Dynamic Pricing
• Technical Note—A Risk-Sensitive Model for Managing Perishable Products
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Relationships Among Three Assumptions in Revenue Management
• Risk-Sensitive Markov Decision Processes

This page was built for publication: Risk-sensitive dynamic pricing for a single perishable product