Pre-announced posted pricing scheme: existence and uniqueness of equilibrium bidding strategy

DOI10.1016/J.ORL.2014.12.010zbMath1408.91129OpenAlexW2499616838MaRDI QIDQ1785630

Sriram Dasu, Woonghee Tim Huh, Seungbeom Kim

Publication date: 1 October 2018

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

Full work available at URL: https://doi.org/10.1016/j.orl.2014.12.010

zbMATH Keywords

markdownstrategic customersBayesian-Nash equilibriumposted pricing

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Related Items (2)

Mathematical modeling for risk averse firm facing loss averse customer's stochastic uncertainty ⋮ Two-period dynamic versus fixed-ratio pricing policies under duopoly competition

Cites Work

• The theory and practice of revenue management
• Dynamic pricing when consumers are strategic: analysis of posted and contingent pricing schemes
• Contingent Preannounced Pricing Policies with Strategic Consumers
• Selling with Binding Reservations in the Presence of Strategic Consumers

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