Optimal Dynamic Pricing with Patient Customers

DOI10.1287/OPRE.2015.1438zbMath1347.91145OpenAlexW2204543914MaRDI QIDQ2797453

William L. Cooper, Yan Liu

Publication date: 5 April 2016

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

Full work available at URL: https://semanticscholar.org/paper/c933893bef12f10f68a3d8dbc9e70e08781618e8

zbMATH Keywords

dynamic programmingpricingconsumer behavior

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Related Items (9)

Joint Pricing and Inventory Management with Strategic Customers ⋮ Dynamic and targeted bundle pricing of two independently valued products ⋮ Technical Note—Intertemporal Price Discrimination via Reference Price Effects ⋮ Pricing of reusable resources under ambiguous distributions of demand and service time with emerging applications ⋮ Technical Note—Dynamic Pricing with Gain-Seeking Reference Price Effects ⋮ Equilibrium in a finite capacity \(M/M/1\) queue with unknown service rates consisting of strategic and non-strategic customers ⋮ Robust Dynamic Pricing with Strategic Customers ⋮ Technical Note—Dynamic Pricing with Heterogeneous Patience Levels ⋮ Intertemporal Price Discrimination with Time-Varying Valuations

Cites Work

• Dynamic Pricing with Loss-Averse Consumers and Peak-End Anchoring
• Intertemporal Pricing with Strategic Customer Behavior
• Optimal Price Skimming by a Monopolist Facing Rational Consumers
• Cyclic Pricing by a Durable Goods Monopolist
• Dynamic Pricing Strategies with Reference Effects
• Pricing and Manufacturing Decisions When Demand Is a Function of Prices in Multiple Periods

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